According to the commission's director Ellen J. Lipsey, a historical analysis of four buildings on the block between Summer and Franklin streets along with a public hearing on recommended protections could end with the properties being declared landmarks. That designation could affect a deal currently being negotiated between a prospective buyer, C&A Capital LLC of New York City, and the building owner, Federated Department Stores, which acquired the property last year in a merger with the May Co., according to a broker familiar with the deal.
The eight-story Washington Street building already is listed on the National Register of Historic Places. It is considered one of the best examples of 20th century Monumental Beaux Arts commercial architecture in Boston, according to the 1986 petition.
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