HAVE you ever lived near a teardown in progress? Has it ever been your daily fate to deal with noise, smells, dirt and construction crews right next door — only to behold, after endless months, a space-hogging “mansionization” in place of the petite Cape Cod you used to find so sweet?
The Heart of Teardown Country
If not, your turn may come sooner than you think. Despite the overall problems troubling the nation’s real estate market, the New York metropolitan region has now surpassed Chicago, the former record holder, to become the teardown capital of the United States, according to a recent report by the National Trust for Historic Preservation, which has been tracking the phenomenon since 2002.
Photo from NY Times