David A
Senior Member
If a decision has been made to sell it in the near future or is likely, I can understand they might not put money in to upgrade it. Of course, they will also get less if the building isn't as attractive and up to date.^keep in mind that the tower was being shopped around...
If no such decision has been made or is likely, they probably should spend the money to keep it up to the standard expected. If they just dither, tenants may leave so the value of the asset suffers and they end up losing anyways.