The Subway Is Next Door. Should New Yorkers Pay Extra for That?
https://www.nytimes.com/2018/01/29/nyregion/subway-real-estate-nyc.html [www.nytimes.com]
2018-02-04 03:39
The notion that property owners should pay extra for their proximity to the subway is called “value capture” and has long been debated in urban planning circles. Now Gov. Andrew M. Cuomo, a Democrat, has made value capture a prominent part of his plan to salvage the subway system by proposing to give the Metropolitan Transportation Authority the power to designate “transit improvement subdistricts” and impose taxes.
In other subway news, we can’t build elevators for the handicapped because what if the terrorists. https://www.nytimes.com/2018/01/22/nyregion/subway-elevators-disabled-terrorism.html
More thoughts on land value tax: https://www.bloomberg.com/view/articles/2018-02-01/taxing-land-to-pay-for-trains-will-work-in-some-places
source: MR