Excerpt:

Preservationists have dropped a lawsuit that threatened to undo a complex cash and land swap deal between the city, the school district and the Alameda Housing Authority.

The Alameda Architectural Preservation Society was asked an Alameda County Superior Court judge to dismiss their lawsuit Monday following a conference call between the lawyers involved in the case, president Christopher Buckley said Monday.

The group asked the court in late April to set aside the swap deal; court filings show its members were concerned that historic resources that sit in the 20 acres of Alameda Point the city gave to the Alameda Unified School District would lose the protection of the city’s historic preservation ordinance in the wake of the deal.