The blocks that bracket the 9.6-acre park were already facing the partial departure of HSBC, a longtime anchor tenant; a largely vacant landmarked office tower; and the fire sale of a stalled development site.
Crucial to the foundation's vision for the area are two long-vacant, landmark buildings on Broad Street; retail development is planned on the ground floors, and residential development above.
Finally, in 1843, the City Council allocated $23,000 to acquire the vacant old landmark Assembly Rooms structure at the northeastern corner of East Fayette and Holliday Streets for the school.
President Clinton has pledged to give the nearly vacant island and its landmark Revolutionary War-era structures to New York City, once the city has a suitable plan for using and maintaining it.
Mr. Sondik said his company got into the business center business when it still owned Rockefeller Center and needed to find tenants for some vacant floors in the landmark buildings.
The same mix of everyday practicality and larger symbolic value might be said to be contained within the new American Youth Hostel at Amsterdam Avenue and 103d Street, where an important landmark building, vacant for 16 years, has just begun an entirely new life that has significance not only for the city's architecture but for its social and cultural life as well.
The first 39 units will cost about $3.6 million.The mill's five red-brick buildings, which date from the 1900's and have been designated a state historic landmark, have sat vacant for at least a decade.
By the late 1970s, David Jones had withdrawn from the Western Australian market, and the site stood vacant after decades as a landmark of St Georges Terrace.
Designed in 1921 by celebrated Hearst Castle architect Julia Morgan and listed in the National Register of Historic Places, the South Marengo Avenue landmark has remained vacant and become increasingly derelict since its 1996 sale to an investment firm.
If the stilt houses were designated as landmarks, development of vacant lots around the homes would not be blocked, but limitations could be imposed.
