Historic centers and development of cities
Monday, April 26, 2010
Preservation Follies by Edward L. Glaeser, City Journal Spring 2010
Preservation Follies by Edward L. Glaeser, City Journal Spring 2010: "To get an idea of the way that historic districts can freeze a city, consider two recent episodes. In 1999, Citibank sold a one-story branch bank on the corner of 91st and Madison Avenue to a developer who planned a 17-story tower for the site. But the corner was within the prestigious Carnegie Hill Historic District, whose distinguished residents didn’t like the idea of another tower in their neighborhood. Woody Allen made a short video protesting the plan."
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