For Richer or Poorer

May 29, 2010 Chicago Buildings, Economics, Historic Districts Comments (0) 1537

One of the truisms in the heritage conservation field is that buildings are preserved in two economic conditions: wealth and poverty. With wealth you can reinvest in and maintain property in its original state; in poverty you lack the finances to demolish or alter historic property. In the middle, the whims of temporal fashion and a modicum of money lead to constant alterations that destroy a property’s integrity, while the spasms of economic opportunism foster removal and replacement. Continue Reading

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