real estate values. Following Central Park's restoration, some of the city's most expensive properties have been sold or rented near the park. The value of the land in Central Park was estimated to be about $528.8 billion in December 2005, though this was based on the park's impact on the average value of nearby land. In the modern day, it is estimated that Central Park has resulted in billions of dollars in economic impact. A 2009 study found that the city received annual tax revenue of more than $656 million, visitors spent more than $395 million due to the park, in-park businesses such as concessions generated , and the 4,000 hours of annual film shoots and other photography generated of economic output. In 2013, about 550,000 people lived within a ten-minute walk (about ) of the park's boundaries, and 1.15 million more people could get to the park within a half-hour subway ride. References Notes Citations Sources A more extensive list of sources can be found in External links (New York City Department of Parks and Recreation) (Central Park Conservancy) 1873 establishments in New York (state) Calvert Vaux designs Frederick Law Olmsted works Harlem Landscape design history of the United States Midtown Manhattan National Historic Landmarks in Manhattan New York City Designated Landmarks in Manhattan New York City scenic landmarks Parks in Manhattan Parks on the National Register of Historic Places in New York City Upper East Side Upper West Side Urban forests in the United States Urban public parks