Analysis of Landmarking

by Don Friedman on March 8, 2016

The NYU Furman Center has published an interesting analysis of the demographics of landmarking in New York City here. In short, a pervious finding has been confirmed: landmarking does not appear to reduce the economic value of buildings or neighborhoods.

We usually do not deal with landmarking directly, although we work on already landmarked (or sometimes calendared) buildings. Unless I’m forgetting something, I’ve testified at a public hearing on landmarking exactly three times in the last 25 years, and each time by invitation of an interested party. So my interest in the Furman report is more academic than personal.

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