The Lindsay administration activated and extended the Wagner-era landmarks law, using a variety of strategies to protect historic buildings and districts, including Grand Central Terminal, the South Street Seaport, and the Theater District. How important was the tool of air rights transfers in this program, and how did air rights factor into the pivotal Penn Central Co. vs. New York City Supreme Court decision? How well have air rights held up as a preservation tool? These and other questions will be considered by former City Planning Commission Chairman Donald Elliott; Chief Assistant Corporation Counsel Leonard Koerner; Frank Sciame of F.J. Sciame Construction; and former Office of Lower Manhattan Development Director Richard Weinstein. The conversation will be moderated by former Landmarks Commission Chair and former President of the Municipal Art Society, Kent Barwick, with closing remarks by Robert Tierney, Chair, Landmarks Preservation Commission. Co-sponsored by the Landmarks Preservation Commission, the Historic Districts Council, the New York Landmarks Conservancy, the South Street Seaport Museum, and the New York Preservation Archive Project. Presented in conjunction with America's Mayor: John V. Lindsay and the Reinvention of New York. Reception to follow. $