
Transferable development rights to fund park
Innovative zoning enabling linear park reuse
A rezoning of Manhattan's West Chelsea district adopted by the New York City Department of City Planning in 2005, devised to enable the preservation and reuse of the derelict High Line elevated railway as a linear public park. The plan's central device was a system of transferable development rights, allowing owners of land beneath the High Line to sell their unused development potential to receiving sites elsewhere in the district. This unlocked value for property owners while removing the pressure to demolish the structure, and paired the park with new mixed-use development along the corridor.
The rezoning is widely cited as a demonstration of how creative zoning instruments can finance and protect adaptive reuse of obsolete infrastructure. The resulting High Line became one of the most influential public spaces of the early twenty-first century, spawning imitations worldwide. It has also fuelled debates about park-led gentrification and the distribution of benefits from regeneration.