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Park Made Everyone Rich

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Friends of the Hudson River Park commissioned a study to show the impact of the finished Greenwich Village piece of the park, and check this out: "Approximately 20% of the value of properties within two blocks of the Greenwich Village section of the Hudson River Park can be attributed to the park. As 20% of the value of buildings sold in the area from 2002 - 2005 was $48.5 million, and less than one quarter of all properties actually changed hands, one can extrapolate that the creation of the Park has added up to $200 million in value to all the properties in the affected area in that timeframe." [CurbedWire Inbox]