The Real Estate Board of New York and preservationists are constantly at odds over the merits of historic preservation, and a new report by NYU's Furman Center gives a bit of edge to the REBNY camp. The report found that property values of homes within a historic district are less likely to increase than those within 250 feet of a district. Within the district, you have extra costs, but just outside of it, you get to look at pretty historic buildings. [NYO; previously]
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