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 books findings are transferrable to other communities because the base conditions are similar Many other cities have designation programs modeled on New York Citys In addition, New Yorks property tax system and administrative processes resemble those found in communities across the nation To enhance the transferability of this studys findings, Listokin refers to the national experience and literature, typically on a side by side basis with the New York City counterpart....
|Title||:||Landmarks Preservation and the Property Tax: Assessing Landmark Buildings for Real Taxation Purposes (Center for Urban Policy Research Book)|
|Publisher||:||CUPR Transaction 1 edition August 13, 2012|
|Number of Pages||:||255 pages|
|File Size||:||860 KB|
|Status||:||Available For Download|
|Last checked||:||21 Minutes ago!|