Posted by Whyshy houses being demoed are they the ones with the signs that talk about the building height code being changed? because there is one of those on this house too.
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Generally yes - those signs are required by the city for several months before amendments to the local building code. It doesn't
always mean the building is going to be demo'd, but that's usually the intent.
Keep in mind, it doesn't always mean the building is unoccupied/unguarded. The amendment process takes several months, and there could be people living/working in the building the whole time.