The cooperation of state authorities and society in the protection of the cultural heritage

The article focuses on: The absolute majority of the architectural heritage properties belong to the State, which is responsible for removing all the legislative obstacles preventing the development of this special property type. Public and governmental structures must be held accountable for conservation of cultural heritage properties in Saint-Petersburg. Advantages and disadvantages of the market economy in the area of monuments protection. Efficient mechanisms for investors’ mobilization in order to stimulate profit reinvestments into the new projects on cultural heritage protection.