I just tossed the papers on the floor, but here comes the "what if" thinking. I'm going to inquire about that "hidden" point.
Anyway:
1. Have you ever seen such closure and then nothing happened?
2. I guess even if you don't have such one, the situation may eventually happen. What are the tenants rights? Is it like some rights are waived when such closure is in the contract?
3. Finally, if the building is going to be totally renovated are the current tenants given an option to only move out temporarily, then return perhaps with adjusted rent? I guess renovation doesn't take long, something like few months.
I guess I've just learned that I have to look for new-built apartments to have the piece of mind of long term renting.