A major plan to renovate the Montparnasse Tower in Paris has been put on hold after a vote by the building's co-owners. At a recent general meeting, more than 76% of co-owners rejected the first phase of the renovation, which included signing a contract for asbestos removal, cleaning, and partial facade removal. This decision effectively stops the project, which had been under discussion since 2015. The original plan had a deadline to begin work before the current building permit expires at the end of November. The renovation aimed to transform the iconic 1970s tower into a modern glass structure with green terraces, a hotel, shops, services, and even a rooftop greenhouse. The main co-owner, LFPI (La Financière patrimoniale d'investissement), had previously supported the project but later opposed it due to rising costs and disagreements over property exchanges. LFPI is now joined by other major co-owners, such as MGEN and Axa, in resisting the renovation. In response, a new syndical council has been formed to revise the project and submit a new building permit. The council plans to vote in the next general meeting on whether to start the cleaning and asbestos removal work, with the goal of preventing the tower from remaining unused. A co-owner who joined the new council emphasized the need to avoid leaving the building in a state of disrepair. Frédéric Lemos, a former president of the building’s syndical council and co-owner, expressed concern that the project has been "in the forgotten corner," drawing a parallel to the stalled renovation of a nearby shopping center. In a joint statement with entrepreneur Xavier Niel and two other co-owners, Lemos stated he does not want to accept the idea of abandoning the Montparnasse Tower. The group is calling for all co-owners, financial partners, and public authorities to come together quickly to explore all possible solutions for the tower's transformation.