NEW YORK LANDMARKS CONSERVANCY INC

The conservancy's new york city historic properties fund -established in 1982, the new york city historic properties fund is the conservancy's main financing vehicle for restoration work throughout new york city. With almost $10 million in assets, it is one of the largest revolving loan funds for historic preservation in the nation. Since its inception, the fund has made over $33 million in investments.

The conservancy's emergency preservation grants program largely funded by the new york community trust, provides funding to nonprofit organizations to address immediate repair needs and/or professional services to remedy dangerous exterior conditions (falling masonry, spot water leakage, etc.) and/or deteriorated interior structural elements of buildings. Most grants range between $10,000 and $20,000 and are accompanied by project management assistance from conservancy staff. 2024 marks a milestone accomplishment since the program's inception with over $1,000,000 in project funding to assist nonprofits with unanticipated repairs to their historic buildings. .

The conservancy's technical services department provides countless hours of one-on-one advice and technical assistance to building owners throughout the city. From site visits to referrals, we offer practical recommendations that address a wide variety of questions and issues. We also help owners navigate the city's landmarks regulatory process.

The nonprofit technical assistance grant (ntag) program, generously supported by the altman and hearst foundations, seeks to empower nonprofit property owners by supporting them with the financial and technical assistance they need to maintain and restore their buildings. Ntag provides grants of up to $30,000 to enhance the character of landmarked and non-landmarked but architecturally significant buildings. All ntag grants are accompanied by the project management services of conservancy staff, consulting architects, and engineers. Many nonprofit organizations own and/or are stewards of hundreds of properties that provide essential neighborhood services. Since 1986, the program has invested over $1.7 million into 82 buildings in low- and moderate-income neighborhoods across the city. The ntag program creates an important link between preservation and community development in new york city and gives the conservancy an opportunity to partner with nonprofit organizations to increase the scope and range of its work.

The conservancy's endangered building fund was established in 1984 to safeguard significant buildings in imminent danger of destruction. When landmarks are endangered, the conservancy is there to help with financial, either grants or loans and technical assistance.

The conservancy's preservation easements fund holds a total of 46 preservation easements. An easement is a voluntary legal agreement between a property owner and a nonprofit organization that restricts future changes to the property and requires cyclical inspections by the nonprofit. The easement stays with the property even if sold; this assures that the historic properties are well maintained. Property owners who give easements received a one-time federal tax. All the properties are listed on the national register of historic places.