# Prof. Joseph Foudy on the economic impact of the High Line

1 Faculty News August 12, 2013 ![MarketWatch logo](/sites/default/files/styles/246w/public/assets/images/marketwatch%20logo.jpg?itok=pHUVfozf)>

Excerpt from [MarketWatch](http://www.marketwatch.com/story/10-things-the-high-line-wont-tell-you-2013-08-10) -- “'\[The High Line has\] had a deep impact, but it was facilitating a transformation that was already happening,' says [Joseph Foudy](http://www.stern.nyu.edu/faculty/bio/joseph-foudy), an economics professor at New York University’s Stern School of Business. 'Cities around the world are going to have to be very careful about what neighborhoods can actually be transformed.'”

[Read more](http://www.marketwatch.com/story/10-things-the-high-line-wont-tell-you-2013-08-10)