As the debate over potentially enlarging the boundaries of the Carroll Gardens historic district intensifies, I went back to the NYC IBO’s 2003 study, The Impact of Historic Districts on Residential Property Values, to refresh my memory on whether or not historic districts have constrained the appreciation in residential property values. The answer is NO. [...]
To Landmark or Not Landmark, That Is the Question
Posted in blog | Also tagged Brooklyn, brooklyn real estate, carroll gardens, impact of historic districts on property values |