How to disassemble a skyscraper but not its neighborhood?

http://improbable.com/2011/08/03/how-to-disassemble-a-skyscraper-but-not-its-neighborhood/

by psadauskas • 15 years ago

2 5 15 years ago

burgerbrain3• 15 years ago

Why would they spend money tearing it down if they.. ran out of money? Surely if they default on their loans the buildings would be sold to a new owner...?

psadauskas• 15 years ago

Its not the people that ran out of money that would have to tear it down; it would be the bank, or whoever made the loan, that would have to tear it down.

I think thats part of the question, too. If you made a huge building but ran out of money and had to close it, who would be responsible for the building, and who would have to pay to have it torn down?

burgerbrain3• 15 years ago

Why would the bank spend more money to tear it down instead of trying to make some of their money back by selling it? That's what banks try to do with other buildings.

How to disassemble a skyscraper but not its neighborhood?

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