Quote:
Originally Posted by mogg
Why?
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Because depreciation of a building is about 25 to 30 years before needing massive renos. An arena gets more wear and tear with so much foot traffic, so I can see why 30 years is the useful life. The other route is to go the MSG route and do $1B+ renos each time. For that type of money, I can see why some go the new arena route rather than continuous renos.