Big news on the Historic Preservation status of the David and Gladys Wright House. Located in Pheonix and designed by Frank Lloyd Wright for his son David and his wife Gladys in the early 1950′s, it is an important piece of architectural history. When David passed away in 1997, Gladys lived in the home until her death in 2008. Then the home was sold by Wright family members to a developer. The home was slated for demolition until Historic Preservationists challenged its fate, and began proceedings to gain historic status designation. Listed for sale in October, the Associated Press reports that the current owners have reached an agreement to sell the early 1950s home to a buyer who wants to preserve and restore it. A definite win-win.