

Case to examine:
New York City's original Pennsylvania Station was demolished in 1964. Built by the firm of McKim, Meade, and White in 1911, it was designed to last 500 years. It was torn down after fifty-three. It was a source of pride for New Yorkers as the structure referenced the ancient Baths of Caracalla in Rome. In the 1960's it fell out of style and commercial real estate developers recognized the value in it's centralized location. They knocked down Penn Station, built a new one underground, and constructed Madison Square Garden atop it. By all accounts, the decision to replace a monumentally grand and open structure with a downscaled and buried one was a catastrophic mistake. Ultimately, it was considered one of the biggest cultural blunders of the 20th century in the United States.
Should architectural preservation be an inherent cultural value? In what ways has New York prospered as a result of these decisions?