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

building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
Red necktie with map of Boston

For dads and grads: tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.
$44.95
Woman wearing city map tote bag

City Shoulder Totes - New Cities Added!

Durable CityFabric© shoulder tote bags available from 9 different cities.
$22.00

Wear your city with style!

100% silk scarves feature detailed city maps. Choose from six cities with red or blue trim.
$55.00