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City gets the High Line for use as public space.


The City of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 acquired title to the High Line elevated rail viaduct viaduct (vī`ədŭkt') [Lat.,=road conveyor], type of bridge for carrying a highway or railroad over a valley, over low ground, or over a road.  from CSX Transportation, Inc. this month.

CSX CSX Chessie Seaboard Multiplier (railroad transportation company)
CSX Cayman Islands Stock Exchange
CSX Changsha, China (Airport Code)
CSX Cardiac-Specific Homeobox
CSX Seaboard Coastline Railroad
 donated the High Line to the City and the transfer of ownership clears the way for the structure's transformation into a public open space to begin in 2006. Open space on the High Line will run from Gansevoort Street in the Meatpacking meatpacking or meat-processing, wholesale business of buying and slaughtering animals and then processing and distributing their carcasses to retailers. The livestock industry is among the largest in the world.  District through West Chelsea to the Hudson Yards. In addition, the City and CSX signed a Trail Use Agreement, permitting the rail structure to be used by the public as a recreational amenity. The first section of the High Line is projected to open to the public in 2008.

"The transfer of ownership of the High Line from CSX to the City marks another important milestone in our efforts to create a one-of-a-kind public space for all New Yorkers," said Mayor Bloomberg. "This unique public amenity will become a symbol of all that is great in New York as we plan for our future by creating much needed parks and public spaces."

The transfer of ownership puts title to the High Line in control of the City of New York. The Trail Use Agreement concludes negotiations between the City and CSX Transportation, Inc., to allow the High Line to become a railbanked trail. Railbanking, a method of creating trails from out-of-use rail corridors, was established by a 1983 Congressional amendment to the National Trails Systems Act. The City originally petitioned the federal Surface Transportation Board for authorization to create a railbanked trail on the High Line in December 2002. In June 2005, the STB See set-top box.

STB - set-top box
 authorized a Certificate of Interim Trail Use. The CITU CITU Centre of Indian Trade Unions
CITU Central Information Technology Unit (UK government) 
 enabled the completion of negotiations for the Trail Use Agreement and transfer of ownership.

Construction on the High Line project is scheduled to begin in 2006. The work will be divided into two phases: site preparation and construction.
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Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Geographic Code:1USA
Date:Nov 23, 2005
Words:314
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