a recurring theme

This building is in Collinsville, Connecticut and I don't think much has happened to it since I took this picture 6 years ago. It is deteriorating and within a few decades it will pass the point of recovery.I recall an anecdote from Stewart Brand's book How Buildings Learn. It went something like this:

Q: How do you destroy a barn?
A: Cut a one foot square hole in the roof. Wait ten years.

Even if we hadn't had a housing bubble and a recession, would renovating this building make financial sense? Is it doomed by its location? Are there political forces that would discourage all but the most reckless developers?
For the moment, we can appreciate its grandeur as a ruin in progress, captured in time here on this blog, by Google, for a span of time that will approximate eternity.