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April 13, 2006
Renovating Schenley High School in Pittsburgh
I thought this article was interesting. It describes a plan the Pittsburgh schools came up with to renovate an historic high school building and take advantage of the tax credits available to owners of historic buildings who renovate them. Because the schools don't pay taxes they can't take advantage of the tax credits. They would have to sell the building to a new owner which would have to own the building for five years after completing the renovation. The idea is still in the planning stages but according to the article this sort of thing has been done before.
Posted by dfulmer at April 13, 2006 09:55 AM