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The Impact of Hudson River Park on Property Values

September 22

Friends of Hudson River Park’s study, “The Impact of Hudson River Park on Property Values” found that the Park was directly responsible for 20% of the increase in value to properties in Greenwich Village within an adjacent three blocks, with effects taking place as soon as Park construction became visible. This landmark 2008 study confirmed the Park’s value as a community investment, which provides the public with open-space, recreation facilities and waterfront access.

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