How does living in an historic district affect zoning?

Zoning is a separate feature of a neighborhood’s character. The zoning dictates how large a building may be, its general shape and use. The LPC oversees all changes in an historic district but does not regulate contemporary use.

How does historic district designation affect development values within a district?

Development is permitted in historic districts. Developers are subject to the same approval process by the Landmarks Commission as are other property owners. Even though development may be reviewed in terms of aesthetics, height and bulk, developers may benefit from the prestige and association that come with designation. To encourage sensitive alterations and renovations, federal […]

How does historic district designation affect real estate values?

Studies all over the country show that designation improves property values. In 2003 the Independent Budget Office published a study showing that properties within designated New York City historic districts appreciate more in value over the long term than identical properties not in historic districts.

Does it cost more to maintain a landmarked building?

It may. Although there can be an additional expense for historically appropriate repair and maintenance of designated buildings, property owners generally find the extra costs offset by higher resale revenue and property values.

What is the difference between a New York City historic district and a National Register district?

A New York City district is overseen by the local Landmarks Preservation Commission and protects the character of the district through the local Landmarks Law. A National Register district is recognized through the U.S. Department of the Interior and administered by the New York State Historic Preservation Office. National Register of Historic Places listings are […]

Why was the Landmarks Law enacted?

The Landmarks Law was enacted in 1965 in response to New Yorkers’ growing concern that important physical elements of the city’s history were being lost. Events like the demolition of the architecturally distinguished Pennsylvania Station in 1963 increased public awareness of the need to protect the city’s architectural, historical and cultural heritage.

What is an Historic District?

An historic district is an area of the city designated by the Landmarks Preservation Commission (LPC) that represents at least one period or style of architecture typical of one or more areas in the city’s history; as a result, the district has a distinct “sense of place.” Having a neighborhood designated preserves the physical nature […]