Tag: economic development
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Thinking Beyond Buildings
Public transportation authorities often do not control zoning and land use laws, and they also operate amidst a sea of privately-owned land. In fact, America’s land use laws are arguably reflected by its LEED incentives. The LEED Neighborhood Development Rating System rightly incentivizes LEED construction in transit-oriented communities by prioritizing an access to quality transit, with…
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Reforming the MTA
Please feel free to view my Capstone: Bridging the Transportation Finance Gap: Planning Beyond Boundaries for a Connected 21st Century Please also feel free to view my Senior Honors Thesis: (Re)New Your City, New York City: Transporting Transformation Hubs New York’s Metropolitan Transportation Authority (MTA) is constantly running trains, but it is also constantly running…
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TOD: Transit-Owned Development
Summary: New York’s Metropolitan Transportation Authority (MTA) is constantly running trains, but it is also constantly running a deficit. Unlike profitable transportation companies, such as the Hong Kong Mass Transit Railway (MTR), the MTA has few valuable real estate assets which could be adequately transformed into transit-oriented and transit-owned joint development hubs. Similar to other…
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(RE)New York City
Riel, 2014 . (Re)New Your City, New York City: Transporting Transformation Hubs America’s public transportation agencies cannot be profitable in the 21st century due to a political economy that isolates these agencies from municipal zoning and land use policies, and from forming value capture mechanisms – from tax increment financing to joint development and the…
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Extensions & Expansions
As local lore has it, when a relative asked Charles Tufts what he would do with his land, and more specifically with “that bleak hill over in Medford,” Tufts replied, “I will put a light on it.” The Universalist Church founded Tufts University in the 1840s with a gift of 20 acres of land from Boston…
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Progressive Public-Private Partnership Profits
New York City does not lack visionaries or visionary plans with hindsight, foresight, and insight, but these visionaries lack power. Instead, “borderline criminals” continue to dim our future. America has spent trillions rebuilding Iraq and Afghanistan, but when it comes to maintaining the infrastructure of a region with a $1.4 trillion GDP, money can’t seem to be…