Leasing companies had raised concerns about their inability to repossess the planes, saying it would hurt future plans by airlines in India to take planes on lease.

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Community councillor Sheila Campbell said the boxes had been deteriorating slowly and the scheme had restored them to their former glory, as well as allowing them to take on a useful new lease of life.

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If the city opts out, the team is free to take on a year-to-year lease, essentially freeing it to move at any time.

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But his firm's lease department nixed a deal, because Facebook insisted on the option to take other space in the building.

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Plains CEO, Greg Armstrong, told mergermarket the company is looking to buy or lease more ocean-going barges to take advantage of the opportunity, and could replicate the Virginia facility on the West Coast.

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While it would be natural for landlords to take back shops they can re-lease, after a brand stops paying rent, the threat of paying tax on empty properties often stops them from doing so.

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