Marcus Hiles Discusses Role Of Green Spaces In Urban Planning

Marcus Hiles Discusses Role Of Green Spaces In Urban Planning

Central Park opened to the public in the winter of 1958, and since then, the surrounding land has produced some of the highest real estate values in New York and around the world. In June, with a listing price of $250 million, a condo at 220 Central Park South became Manhattan’s most expensive property to date. Modern analysts estimate that land alongside or near a park is worth up to 20 percent more than comparable properties on a typical city block. Dallas-based developer Marcus HIles, the CEO of Western Rim Property Services, discusses the impact of one of the newest urban parks to follows the Central Park design trend, Uptown Dallas’ Klyde Warren Park.

Read more: http://markets.financialcontent.com/investplace/news/read/33379192/Marcus_Hiles_