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Landmarks
Proposed Garment Center Historic District Designation for New York State and Federal Registers of Historic Places
WHEREAS, The Trust for Architectural Easements has requested approval of the Designation of the Garment District, an irregular area of approximately eighteen blocks, as a District to be listed on both the New York State and U.S. Department of the Interior Registers of Historic Places; and
WHEREAS, The area of the proposed District would be roughly bounded by West 41st Street to the north, Broadway to the east and parts of the blocks just east of Broadway, West 35th Street to the south, parts of blocks south to West 34th Street, and to the west of Eighth Avenue, almost to Ninth Avenue; and
WHEREAS, Part of the District, which comprises some 260 buildings constructed in the two decades from 1916 to 1935, would be in Community Board 4, but most of it would be in Community Board 5; and
WHEREAS, The District will be approved unless 51% of the property owners in the proposed area object to the Designation; and
WHEREAS, The Designation of the District will not affect any property rights of owners to sell, renovate or even to demolish their buildings unless they elect to receive tax benefits through receiving either:
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20% Tax Credits for the substantial renovation of qualifying properties for work performed that meets Federal preservation standards, and/or
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The one-time Contribution Tax benefit for the Sale of a facade or exterior easement (based on the appraised value of the easement) to the Trust for Architectural Easements, which then becomes part of the property deed; and
WHEREAS, The listing honors the property by recognizing its importance to its community, state or the nation and raises the community's awareness of and pride in its past; therefore, be it
RESOLVED, Community Board 5 recommends approval of the Garment Center Historic District Designation (for the area set forth in a Map of the proposed district provided to the Community Board) which will permit all qualifying properties in that District to be placed on the New York State and Federal Registers of Historic Places and CB 5 will write a letter to New York State Office of Parks, Recreation and Historic Preservation indicating its support.
The above resolution passed by a vote of 37 in favor; 1 opposed; 1abstaining, 1 present not entitled to vote.