NEW YORK, NY - JANUARY 24: A person walks down a street in a area of the East Village that the city of New York wants to declare a historic district on January 23, 2012 in New York City. The East ... more 
NEW YORK, NY - JANUARY 24: A person walks down a street in a area of the East Village that the city of New York wants to declare a historic district on January 23, 2012 in New York City. The East Village has been home to famous artists, musicians and waves of immigrants from the 19th century on. It is still acknowledged as the capital of bohemia in America. Some residents and a number of the remaining churches and synagogues are fearful that renaming the area a landmark district would make any renovations prohibitively expensive. Those fighting landmark status also fear that property values would drop as any developer would be severely restricted in future renovations (Photo by Spencer Platt/Getty Images) less 
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Getty Images | Photo By Spencer Platt / Getty Images
Tue, Jan 24, 2012 5:07 PM EST