Another barrier blocking the potential development of Chelsea's High Line falls away with today's announcement that the City of New York has acquired the elevated tracks from CSX Transportation via donation. Notes a giddy email from Friends of the High Line, "Marking the single biggest advance for the High Line project since its inception, the High Line has been railbanked, clearing the way for construction to begin in 2006. Railbanking was our most important goal when we started Friends of the High Line in 1999. This is a historic moment for the project."
· Bloomberg Announces City Acquires High Line [Friends of the High Line]
· Inside the New High Line Plans [Curbed]