Witherspoon-Jackson to Become New Historic District in Princeton

It will be interesting to see how this plays out. I am of mixed opinion. In one respect, certainly Princeton’s historically African-American neighborhood deserves official designation and protection from destruction. But regular zoning laws, already conservative in Princeton, take care of that in my opinion. Nobody’s putting up a high-rise apartment building on John Street, and we don’t need historical designation to assure that.

On the other hand, this is THE most affordable neighborhood in downtown Princeton, for both buyers and tenants. Historical designation usually makes properties less affordable (i.e. more expensive). We already have a severe affordability problem in Princeton…could this make that practically worse while upholding the ideological value of historic designation and preservation?

http://planetprinceton.com/2015/11/30/consultant-recommends-creation-of-witherspoon-jackson-historic-district-in-princeton

155 John best exterior

Here’s a little fixer-upper I sold in the neighborhood on John Street last year. We had a ton of showings and it went for $333,000.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s