Port City Preservation
Port City Preservation provides a wide range of advisory and development services related to the adaptive reuse and rehabilitation of historic properties: schools, hospitals, libraries, hotels, industrial properties, buildings on Main Street, public buildings and historic homes.
The backbone of our service rests on our diverse experience. As it relates to the restoration and/or adaptive reuse of historic properties, we have served as an investor, developer, owner, project manager, construction manager, consultant, and property manager. Drawing on this extensive and diverse experience base allows us to anticipate potential problems and challenges that are inherent in any project. In addition, we have more than twenty years of experience in working with municipalities, housing authorities and non profit organizations - as a board member, as a consultant and as a joint venture partner.
Regardless of the particular role in which we have served, the common thread through all our historic preservation projects is that they have been complex. Each and every project contained a myriad of financial, organizational and planning challenges to overcome in order to make the project work. Even though the hurdles can be very, very challenging, the highest preservation standards for the careful and sensitive restoration are never compromised or sacrificed. We are very grateful and flattered by the numerous awards we have received for exceeding these high standards.
We have worked hand in hand with property owners, developers and all types of organizations to assist in feasibility studies, to review the work performed by others, and to provide comprehensive project management services.
Our success rests on our thorough and comprehensive knowledge of the Secretary of the Interior’s Standards for Rehabilitation combined with the federal, state and local laws regarding historic rehabilitation.
Port City Preservation’s knowledge and experience includes a detailed understanding of the requirements for qualification for listing a property on the National Register of Historic Places. Listing can be an essential step to qualify for a myriad of financing sources. Further, we have unrivaled experience with the rehabilitation tax credit - eligibility and qualification, the application and approval process, the rules for claiming the credit along with strategies for cost allocation and contract structuring to maximize the amount of the credit.
Port City Preservation is a small firm and will remain that way in order to insure that all our clients receive personal “hands -on” attention.
Murray F. Gould
Prior to beginning his work as a consultant and developer in 1995, Murray F. Gould served as the chief tax executive at Carolina Power & Light Company for thirteen years. A thorough understanding of transaction planning, project financing and the tax law and the experience of knowing how to apply these complex principles and laws to a wide range of fact situations is just one of the many services Port City Preservation can offer to your preservation project.