Mr. Hord,
If these are large steel or bronze windows, they are worth keeping/restoring and weatherizing them.
Two suggestions: Allied Window makes an attractive, low profile interior storm window system that can have operable panels and screens to allow for access to any operable steel sash.
http://www.alliedwindow.com/ Another suggestion would be to apply weatherstripping to the sash and restore the sealant at the perimeter of the frame. This may cut down the air infiltration which will improve efficiency. Accurate Weatherstripping has a line of metal strips that are applied to the edges of the operable sash or frame. Care must be taken with compatibility of metals.
http://www.accurateweatherstrip.com/index.html Care must be taken in assessment of whether there are hazardous materials in the caulk and/or glazing compounds when restoring historic windows. Given that these windows are character defining features of the historic building you're working with, it's worth the effort and more green than landfilling them!
Installing insulated glass is another option, but less favorable because of the detail in how each is glazed in or installed. If the windows have "wavy" glass, this is part of the character of the window also worth preserving.
Good luck.
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Jack Alvarez AIA
Partner
Landmark Consulting, LLC
Albany NY
www.landmarkconsulting.net -------------------------------------------