Annals of costly historic preservation

by Walter Olson on August 1, 2014

It’s nice to know that in Manhattan’s super-expensive West Village there’s a transplanted farmhouse with a doggy chute opening in the door and a connection to the late Margaret Wise Brown, author of children’s classic Goodnight Moon. It’s less nice to know that New York City preservation law parlays this cute historic footnote into the potential imposition (if development is blocked) of an opportunity cost that the property owner thinks might be as high as $20 million [Scouting New York]

{ 4 comments }

1 John Johns 08.01.14 at 10:07 am

Hell! Just move the SOB to another location at the Hysterical Historical Society’s expense.

2 Nick 08.01.14 at 6:07 pm

So you’re one of those folks who would have preferred Grand Central be torn down in favor of a modern skyscraper, something that would have generated tremendous income (far more than this particular issue) for the city over a dusty old relic?

3 mojo 08.01.14 at 8:03 pm

Penn Station bit the dust. What’s a clapboard house? Comparable?

4 Robert 08.02.14 at 8:18 am

Nick: If you love that property and want to save it, you can buy it! But don’t steal other people’s property by making it illegal to do anything with it.

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