[quote=Antarctic Termite]
It seems like an unfortunate loss but justified, if the cost of upkeep/laws in place were as high as you say.
[/quote]

makes perfect business sense, yes. The place could've been upgraded bit by bit, except that the law prevents you from doing that, so instead of getting slowly upgraded over time they've been funneling money down the sink with the all the little bitty expensive fixes that don't work, because legally that's all they're allowed to do.