20/5/2018 1:44 pm  #1


BING CROSBY BUILDING NOMINATED AS U.S. NATIONAL HISTORIC PLACE!

https://www.wehoville.com/2018/05/18/wehos-bing-crosby-building-nominated-national-historic-register/

The California State Historical Resources Commission voted this week to nominate the Bing Crosby Building in West Hollywood for listing in the National Register of Historic Places.

I walk/drive by this building several times a week. It is in quite a bit of disrepair so I am thrilled to see that SOMEONE cares!  


All the best,
Paul M. Mock
 

20/5/2018 2:31 pm  #2


Re: BING CROSBY BUILDING NOMINATED AS U.S. NATIONAL HISTORIC PLACE!

Paul, does listing make money available for the needed repairs, or does it merely prevent destruction and detrimental change?


https://www.wehoville.com/wp-content/uploads/2018/05/6CA74F9B-8C51-4FA1-A6AF-FC5D8882B06A.jpeg

https://www.wehoville.com/wp-content/uploads/2018/05/36E4429A-A0EF-41C0-A294-59231BFCD23B.jpeg

 

 

20/5/2018 7:43 pm  #3


Re: BING CROSBY BUILDING NOMINATED AS U.S. NATIONAL HISTORIC PLACE!

What are the results of listing?
In addition to honorific recognition, listing in the National Register has the following results for historic properties:


  • Consideration in planning for Federal, Federally licensed, and Federally assisted projects: -- Section 106 of the National Historic Preservation Act of 1966 requires that Federal agencies allow the Advisory Council on Historic Preservation an opportunity to comment on all projects affecting historic properties either listed in or determined eligible for listing in the National Register. The Advisory Council oversees and ensures the consideration of historic properties in the Federal Planning process.
  • Eligibility for certain tax provisions -- Owners of properties listed in the National Register may be eligible for a 20% investment tax credit for the certified rehabilitation of income-producing certified historic structures such as commercial, industrial, or rental residential buildings. This credit can be combined with a straight-line depreciation period of 27.5 years for residential property and 31.5 years for nonresidential property for the depreciable basis of the rehabilitated building reduced by the amount of the tax credit claimed. Federal tax deductions are also available for charitable contributions for conservation purposes of partial interests in historically important land areas or structures.
  • Consideration of historic values in the decision to issue a surface mining permit where coal is located in accordance with the Surface Mining Control Act of 1977; and
  • Qualification for Federal grants for historic preservation, when funds are available. 


All the best,
Paul M. Mock
     Thread Starter
 

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