We've submitted a Third Party Determination of Eligibility for the building, which means that if the New York State Historic Preservation Office (SHPO) deems it worthy (which is highly likely) they will contact the owners and send them a package of tax breaks and deals that can benefit the developer of a landmarked building, which would include a 20% federal and 20% state tax rehabilitation tax credit. Hopefully, this will start a conversation as to how the developers can incorporate the building's facade and other priceless features while also getting tax breaks from the federal and state level. You can follow the application's status at the link below, with the project number - 16PR01651