Columbus Circle revival continues

Columbus Circle has seen steadily rising residential and commercial values over the past decade, but the Time Warner Center highlights the area’s revival. “It took a mammoth project like the Time Warner Center, riding the storm surge of perfect market conditions to create the synergy only a large development can create. The center can be seen as the catalyst for the redevelopment of Columbus Circle/Lincoln Center and development, investor interest and demand in the area,” said Martin Levine, the chairman of Metropolitan Valuation Services. more [Sun]