71 percent of properties in Manhattan are landmarked, and three individual community districts in Brooklyn have over 25 percent of their properties landmarked.
In addition to this, only 100 housing units constructed on landmarked properties between 2003 and 2012 were affordable, and of those, 95 of them are in one project in the Bronx.
As Mayor de Blasio's plan to create 80,000 new affordable housing units moves forward, it is imperative that we balance our city's approach to designating landmarked properties and historic.
REBNY singled out density restrictions, landmark compliance costs, and a lengthy and arbitrary public review process as the main reasons why housing, and particularly affordable housing, development is extremely unlikely on landmarked
Still, some retailers work better than others in landmarked buildings.
Last fall, Tiffany opened a store at 37 Wall Street in a landmarked Beaux-Arts-style building that was constructed in 1907.
The woodwork is still impeccable; it's ornate bronze and nickel stonework," said Jack Berman, vice president of Metro Loft Management, the developer behind the conversion of the landmarked Art Deco building.
Apple already operates stores in two landmarked buildings in Soho and Midtown.
Consolo is working on a number of landmarked retail spaces throughout the city.
Although the fact that the building is landmarked didn't make it easier to lease, "that's not why the deal didn't happen," he said.
For example, with brass or marble tables often found in landmarked banks, the commission will now allow retailers to remove them or preserve them off the premises, he said.