Another phase of the High Line is coming - Rava Realty

Another phase of the High Line is coming

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The elevated park, which runs along Manhattan’s Far West Side and through the Hudson Yards megaproject, will be expanded to connect the newly opened Moynihan Train Hall, the New York Times reported.

The new 1,200-foot pathway will link the final section of the High Line at West 30th Street and 10th Avenue to a pedestrian walkway at the Manhattan West megaproject, developed by Brookfield Properties, which abuts the new train hall.

Gov. Andrew Cuomo told the publication that he believes the new link fits into the state’s larger plan to revitalize the Penn Station transit hub, which includes a new entrance for Penn Station on Seventh Avenue, and the new Moynihan complex, located within the James A. Farley Post Office Building. 

The High Line, which opened in 2009, was a catalyst for West Chelsea’s transformation from an industrial neighborhood into a high-end destination. Luxury condos have sprouted along the elevated park and between 2003 and 2011, property values near the park increased 103 percent, according to a 2012 study from the New York City Economic Development Corporation. [NYT] — Akiko Matsuda

(source: therealdeal.com)

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