The newest section of Manhattan's elevated park, the High Line, is slated to open next month, just in time for the warm weather.
2011-05-13The park, which partially opened in 2009, has been a dream for developers, who have bought up tons of nearby lots and started construction on fancy new buildings in hopes of capitalizing on the meatpacking district's newly revitalized reputation.
The Wall Street Journal took a look at some of the more ambitious new projects near the less developed, soon-to-open section of the park, which stretches from 20th to 30th streets.
They include a 111-unit luxury rental building by Sam Zell's Equity Residential, an ultra-modern condo dubbed +Art, and a glass-plated boutique hotel.
245 TENTH AVE: This condominium recently started selling apartments after a lull during the financial crisis.
245 TENTH AVE: The 18-apartment complex is perched directly over the High Line.
245 TENTH AVE: The $5 million penthouse is available, as is a $2.9 million two-bedroom.
HL23: At least three condos are on the market, including a three-bedroom for $5.7 million.
+ART: This 13-story, 91-unit luxury condominium sits near the top of the new park section, near 28th St.
+ART: 18 units are already in contract, including a 445-square-foot studio that went for $595,000.
Source: The Real Deal