Toledo Club Easement
235 14th Street,
Toledo, OH 43604
When Heritage Ohio took its first easement, an agreement executed in 2004 on the Rawson Block in Findlay, the scope of the easement covered changes to the façade, only. However, easement agreements can cover the entire exterior of a building; indeed, the IRS subsequent to 2004 required a conservation easement agreement to cover the entire exterior of a building, if the building owner wanted to treat the easement agreement as the equivalent of a charitable contribution to Heritage Ohio). Easement agreements can also cover the interior of a building, and even specific elements within a building. When Heritage Ohio accepted an easement on the Toledo Club in July of 2012, it marked the first instance of an easement agreement that included not only the protected exterior, but also included protected interior spaces. It also marked the first instance of a non-profit donating an easement to Heritage Ohio.
If you’re not familiar with the Toledo Club, it’s just as amazing on the inside as it is the outside. A fine example of Georgian Revival architecture, the club has been housed here since the building’s construction in 1915. 2012 Legacy Circle Reception attendees may remember the Red Room at the Toledo Club, with its warm oak paneling, and coffered ceiling with intricate stencils. And each room could be considered a piece of architectural artwork.
Joyce Barrett, executive director of Heritage Ohio, commented on the Toledo Club easement: “Our collaboration with the Toledo Club shows how flexible an easement agreement can be, and that the property owner concerned with the long-term preservation of their historic building, whether for-profit or not-for-profit, could benefit by partnering with Heritage Ohio.”
For more information on Heritage Ohio’s easement program, contact Frank Quinn at email@example.com or at 614.258.6200.
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