A financing plan for a park near Hudson Yards would blow away precedent.
"The city plans to spend $374 million to expand a green space near Hudson Yards by three blocks. At more than $124 million per acre, that would make the extension the costliest park project in local history," reports Joe Anuta.
Last month the mayor gave a city-controlled corporation the green light to float $500 million worth of bonds backed by property tax revenue from the surrounding area. The Hudson Yards Infrastructure Corp. would use the majority of that to pay for the second phase of a park running parallel and between 10th and 11th avenues as envisioned in the 2005 Hudson Yards rezoning. The first three blocks of Hudson Boulevard Park, between West 33rd and West 36th streets, opened in 2015. The $374 million would extend the park to West 39th Street.
Anuta goes into a lot more detail about why the cost of the park is so high, and putting it in context of the city's other very expensive parks—the High Line ($36 million per acre) and Bushwick Inlet Park in Brooklyn ($54 per acre just for acquisition).
FULL STORY: At $125M an acre, Hudson Yards park would be city's costliest
Suicides Prompt New Public Access Rules for the Vessel at Manhattan's Hudson Yards
The Vessel is reopening after closing for four months due to a rash of suicides.
Vote for New York City's 'Building of the Year'
New York is still a place of bold architecture.
More Skyscrapers Coming Soon to New York City's Skyline
After a decade of skyward expansion, even more skyscrapers are on the horizon in Manhattan.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
Cal Fire Chatbot Fails to Answer Basic Questions
An AI chatbot designed to provide information about wildfires can’t answer questions about evacuation orders, among other problems.
What Happens if Trump Kills Section 8?
The Trump admin aims to slash federal rental aid by nearly half and shift distribution to states. Experts warn this could spike homelessness and destabilize communities nationwide.
Sean Duffy Targets Rainbow Crosswalks in Road Safety Efforts
Despite evidence that colorful crosswalks actually improve intersection safety — and the lack of almost any crosswalks at all on the nation’s most dangerous arterial roads — U.S. Transportation Secretary Duffy is calling on states to remove them.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Appalachian Highlands Housing Partners
Gallatin County Department of Planning & Community Development
Heyer Gruel & Associates PA
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie