Landmarks Preservation & the Property Tax : Assessing Landmark Buildings for Real Taxation Purposes

Listokin, David; Neaigus, Alan (CON); Winslow, Jessica (CON); Nemeth, James (CON)

ISBN 10: 1412848571 / ISBN 13: 9781412848572

Published by Routledge, 2012

About this Item

Unread book in perfect condition.

Seller Inventory # 18754397

Bibliographic Details

• Title: Landmarks Preservation & the Property Tax : Assessing Landmark Buildings for Real Taxation Purposes
• Publisher: Routledge
• Publication Date: 2012
• Language: English
• ISBN 10: 1412848571
• ISBN 13: 9781412848572
• Binding: Soft cover
• Condition: As New

About this title

Synopsis

Historic preservation is an issue of growing importance and public commitment. Federal and state mechanisms have been established to identify and support historic buildings/sites, while local governments have been active in supporting and protecting historic resources. Communities across the country have established designation programs whereby individual buildings or districts of historical-architectural significance are accorded landmark status. Designation activity has been accompanied by growing interest in other local incentives/disincentives to the support of historic buildings. In this regard, the property tax is viewed as either a possible powerful drawback to or a catalyst of preservation. This study examines the relationship between historic preservation and the property tax, focusing on the question of how designated buildings should be assessed for real taxation purposes. Listokin focuses on New York City in considering the effects of historic status on property value and in evaluating assessment practices. But this book's findings are transferrable to other communities because the base conditions are similar. Many other cities have designation programs modeled on New York City's. In addition, New York's property-tax system and administrative processes resemble those found in communities across the nation. To enhance the transferability of this study's findings, Listokin refers to the national experience and literature, typically on a side-by-side basis with the New York City counterpart.

About the Author

David Listokin