search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountDavid Werner strikes $115M deal to snap up 100 Wall Street at big discountSterling Bay, JPMorgan at odds with Wells Fargo on $230M Fulton Market debtSterling Bay, JPMorgan at odds with Wells Fargo on $230M Fulton Market debtHousing deal critics spin themselves sillyHousing deal critics spin themselves silly
New York

Landmark conundrum for Parkway Village

Sign Up for the undefined Newsletter

The co-op board of Parkway Village, a 34-acre residential community in Kew Gardens Hills, is torn over whether or not it wants landmark status. The complex, built in the 1940s to house United Nations officials, bid for landmarking status in 1997 and 2000 and was rejected by the Landmarks Preservation Commission both times. An ongoing debate now centers on preservationist members of the community’s historical society and anti-landmarking residents who back a plan to sell Parkway to a major developer. With landmark status the complex would be more difficult to renovate and would lose appeal to buyers.