Every now and then the city's parks like to remind us just how valuable they are (such as with last year's Hudson River Park study that said property values within two blocks of the park have shot up 20%), and it's Central Park's turn. The Central Park Conservancy's first study on the park's economic impact says more than $1 billion a year flows into the city thanks to Olmstead and Vaux's assortment of delights, based on pre-recession '07 and '08 data. [Crain's]
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