Building for profit; principles governing the economic improvement of real estate (1911)
Bolton, Reginald Pelham, 1856-1942 · New York, The De Vinne Press · leaf 124
hydraulic elevator wasinstalled, the apparatus was replaced, after about seventeenyears of service, by others of more modern hydraulic pattern.But it is reasonable to suppose that in another equal period,should the buildings existence be so prolonged, another re-placement by still better appliances… … Extending this existence by reconstruction may be of so expensive a natureand of so limited an effect, that replacement may be preferable Depreciation of Mechanical Equipments and Power Plants such apparatus in the past, and there is no reason to anticipate agreater length of economic life in the…
Building · Real estate business
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