Landmark preservation law is now well-established throughout New York City and the state of New York, as well as across the country. That is due, in no small measure, to a significant U.S. Supreme Court ruling that is about to celebrate an important milestone. The court’s decision in Penn Central v. New York City,1 now nearly 40 years old, found that application of New York City’s Landmarks Preservation Law (the Landmarks Law)2 to the parcel of land occupied by Grand Central Terminal had not effected a “taking” of its owners’ property in violation of the Fifth and Fourteenth Amendments.
The city’s Landmarks Law, of course, preceded the Penn Central case—by about a decade. In fact, the New York City Landmarks Preservation Commission (the New York Commission) has just celebrated its 50th anniversary, and it has a lot to crow about. Almost 33,000 city buildings are protected as individual landmarks, interior landmarks, or as part of 114 historic districts.3
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