Tag: transportation finance
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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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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. 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 found. . New York is constrained and constricted.…
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(Terminal)ogy
The Metropolitan Transportation Authority (MTA) is North America’s largest transportation network, and it moves approximately 2.4 billion New Yorkers a year on its subways, buses, railroads, bridges and tunnels. The MTA provides service for one-third of the transit riders in America, employs over 67,000 workers, covers an area of approximately 5,000 square miles, and moves 8.7…
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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…