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Richard Herber, owner of the [Frank Lloyd Wright-designed] home at 3901 N. Washington Road, said he wanted the [historic] distinction pulled because he wanted to sell the house for the best price.
Getting the property off the historic list was the only way to “cast a wider net to the widest number of people,” he said. [...]
Not everybody is a candidate for buying a home that’s historic, ... but those who are know exactly what they’re doing.
— journalgazette.net
More on the sticky business of historic preservation:The Seagram Building after the Four Seasons: maintaining a costly landmarkFrom Minnesota to Pennsylvania: moving a Frank Lloyd House halfway across the countryRIP: Bruce Goff's Bavinger House demolishedNo guarantees for historic residential... View full entry
What a National Register [of Historic Places] listing really means is a 20% federal tax credit for structural investing, along with any state tax incentives, but that's often not enough to make preservation a more appealing option over razing and starting over. [...]
Listing on the National Register certainly gives something of an economic incentive for preservation, as well as a national profile for these sites [...]
However, what historic sites ultimately need is sustainable funding.
— Atlas Obscura