Tag: Transit
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Ameraissance of Transportation Finance
“New York never stops. From morning-rush commuters to late-night club-goers, from school children on subways to seniors on buses, millions of people rely on the Metropolitan Transportation Authority (MTA) to get them through their daily lives. Without a robust and well-maintained network of railroads, subways, bus routes, bridges, and tunnels, New York as we…
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Value Capture and Joint Development
What does real estate have to do with public transportation? Actually, quite a lot. From Michigan Central Station in Detroit to the Hudson Terminal, Helmsley Building, and Hotel Pennsylvania in NYC, American railroads of the 20th century maintained a profit partly due to the transportation hub real estate assets they developed, owned, leased, and/or maintained vis-a-vis value…
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Mr. TOD
The Tale of Mr. TOD Once upon a time, Mr. Tod arrived in New York. And the rest was not yet history. The tale is still, obviously, unfolding. Will Mr. Tod be able to create mobile, accessible, and affordable neighborhoods? Or will Mr. Tod only support luxury? Mr. Tod, of course, is Mr. Transit-Oriented Development. He’s more and more popular these…
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(In)formality (In)justice
As many New Yorkers know, the rent is too damn high. The neighborhoods of New York have always been dynamic and ever-changing, and today, this continues to be true, but perhaps, on a level unforeseen in recent memory. Many are being priced out of our neighborhoods that they’ve lived in, sometimes for generations. So I asked Jimmy…
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Elevated Trains
I am coming to the end of my cell phone contract and have been going through the data stored on my phone. In the course of this rather banal task it became apparent that I have taken a large number of photos of two things: my dog and elevated train stations (or views from…
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A graphic artist tackles the New York City subway: Part II
Randall John Gregory II (or Randy, for short) is not only a graduate student at the School of Visual Arts, but he is also an innovative thinker and designer for the masses. Recently, we think Randy has been putting his design skills to good use in the realm of mass transit. He has put together not…