That amount was corrected to reflect the value of tenant improvements and estimates of depreciation on the destroyed properties.

If the costs of tenant improvements were added to the value of some units this requirement would not be met.

"Nobody's lowered their asking rate, but deals include tenant improvements and maybe a month or two of free rent."

Nor could it pay for asbestos removal or tenant improvements, making it impossible to woo new tenants.

Under the work letter, the developer was to provide $25 million in tenant improvements.

For 1990, the building's losses rose sharply primarily because of tenant improvements.

Moreover, by waiting, they can also put off paying for tenant improvements, broker's commissions and other costs of doing a deal.

Site demolition, foundation, and non-court tenant improvements were constructed under separate contracts for a total construction cost of 97.9 million dollars.

But she added that the landlord would contribute $337,060 toward tenant improvements in installments over the 10-year term of the lease.

Boeing leased a city-owned building and invested $4 million in tenant improvements and equipment.