Tuesday, March 8, 2016
Landmarked areas are as dense as non-landmarked areas
Landmark districts in New York City are just as dense at nearby areas that are not designated historic, according to a study released Monday.
The NYU Furman Center for Real Estate and Urban Policy found that about 3.5% of the city's properties are protected by the landmarks law. Properties with such a designation require approval from the Landmarks Preservation Commission before an owner can make alterations.
Though landmarked areas had far fewer rent-regulated apartments than the rest of the city, they were built up to roughly the same density than adjacent neighborhoods, according to the report.