Three Easements Recently Donated to the Alliance

The latest historic property to be protected in perpetuity by a preservation easement held by the Preservation Alliance for Greater Philadelphia is 315 Arch Street, Philadelphia. The Alliance now protects more than 180 historic properties through easements.

Originally known as the (Charles) Schmidt Building, 315 Arch Street was designed by architects Sauer & Hahn and constructed in 1915 by Cramp & Co., Contractors. Sauer & Hahn were chiefly known for their design of commercial and industrial buildings, and 315 Arch is an exemplary example of that type.

The seven-story, reinforced-concrete-frame structure in Old City is fronted on Arch Street by a handsome, brick and terra-cotta façade in the Classical Revival style, while the rear and side elevations are forthrightly expressed in a functional manner with the concrete frame exposed.

The preservation easement was donated by owners Philadelphia Management which intends to sell the protected property to new owners that will convert the loft structure to condominiums.

The other two easements recently donated to the Alliance are the Roberts-Quay House and the "The Clinton", both currently owned by Pearl Properties and also being converted to condominiums.

The Roberts-Quay House (1035 Spruce Street, Philadelphia) is a four-story brownstone structure built circa 1858 in the Renaissance Revival style for Edward Roberts, a successful druggist. Matthew Quay, a noted Pennsylvania politician, lived here in the 1870s and Œ80s. Later uses of the building include the Philadelphia Dance Academy.

The Clinton (1023 Clinton Street, Philadelphia) was originally built in 1892-93 as the Baugh Institute of Anatomy (now part of Jefferson Hospital).

Roberts-Quay House	The Clinton

For more information on how you might protect historic buildings with a preservation easement and benefit from a charitable-gift tax deduction, click here.