"Bedford District" about to be landmarked!

I just received a letter from my block association – or actually, a consortium of nearby block associations – telling me that several blocks in the Southwest end of Bed-Stuy are currently being considered for landmark status: Halsey between Bedford and Nostrand, Hancock between Bedford and Tompkins, and Jefferson between Nostrand and Tompkins. There’s a community meeting coming up for local residents to ask questions about the landmarking process. Since I won’t be able to attend the meeting, I was wondering if any readers had information to share about this process… pros, cons, what to expect. I am very pleased that the buildings around here will be protected (assuming of course that the landmarking goes off without a hitch), but I’m wondering if we should try to complete exterior work on our building now to avoid the hassle of getting landmark approval later… stuff like that. Thanks in advance for any input.