It seems to be a legal contrivance centered around Preservation. You can’t tear down a house unless you try to sell it first. It think the owners want to tear down this $5M house so that they can put up a $10M house on this piece of land. But it seems they are not allowed to begin demolition until trying to sell the $5M house first. It’s all just going through the motions required by a law.
“You can’t tear down a house unless you try to sell it first. “
Statute requires advertising it for zero dollars.