Bloomberg Credits High Line with $2b in Development

New York's High Line park isn't just a nice place for a stroll. Mayor Bloomberg credits the line with creating over 12,000 new jobs and $2 billion in private development.

New York Planning Director Amanda Burden spoke in the New York Times about the High Line's success.

Burden "emphasized the boost to property values, saying that in one building that abuts the lower section of the High Line, the price of apartments had doubled since the park opened, to about $2,000 a square foot. Ms. Burden called the area "Architects Row" as she ticked off the roster of designers of nearby buildings, including Jean Nouvel, Annabelle Selldorf and Neil Denari."

Full Story: The High Line Isn’t Just a Sight to See; It’s Also an Economic Dynamo

Comments

Prepare for the AICP Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!
Red necktie with map of Boston

Tie one on to celebrate your city

Choose from over 20 styles of neckties imprinted with detailed city or transit maps.
$44.95
Book cover of Where Things Are from Near to Far

Where Things Are From Near to Far

This engaging children's book about planning illustrates that "every building has its place."
$19.95