Today’s Headlines

  • TLC Left 4,500 Dangerous Drivers on Road Because of a Spreadsheet Error (DNA, WSJ)
  • Yassky Tells TLC Staff He Plans to Leave Agency Early Next Year (DNA)
  • Michael Munoz, 42, Killed by Curb-Jumping Driver in Whitestone; No Charges Expected (WABC, WNBC)
  • NYPD Arrests Man Who Injured Officers in Hit-and-Run at Astoria Traffic Stop Last Month (WNBC)
  • Crash Victim Sian Green Says She’s Nervous to Be on Midtown Sidewalks After Losing Leg (WNBC)
  • Lhota’s Wife Once Crashed Her Car While Talking on Cell; Settled Lawsuit in 2008 (DNA)
  • Jay Walder: Transit Should Be Funded by Real Estate, Not Tax Revenue; Citi Bike Is Great (CapNY)
  • Thruway Authority Expects to Get Tappan Zee TIFIA Loan Approval Within 60 Days (LoHud)
  • Liu Unveils “Taxi for All New Yorkers” Proposal to Reduce Access-a-Ride Costs (News)
  • Red Hook Light Rail: Popular Idea Faces Uphill Climb in Transit-Starved Area (2nd Avenue Sagas)
  • Ladies and Gentlemen, the Traffic Safety Experts of Your Local Community Board at Work (Bklyn Paper)

More headlines at Streetsblog Capitol Hill

  • carma

    i really do miss jay walder. heres a guy who actually gets it. for his short tenure with the MTA, he really did do quite well.

    also being in hong kong many times in my life, i can say that their subways are so much more efficient than NY. even their buses seems to work through traffic somehow.

  • Ari

    I’m relieved that TLC is fining dangerous drivers $100. I feel safer already.

  • Bolwerk

    Cuomo really is a piece of crap for not doing his damndest to keep that guy.

  • Anonymous

    There is supposed to be a mechanism in place in NY which is similar to what Walder likes about Hong Kong. The portion of real estate transfer taxes that are collected to fund MTA operations capture the value of rising property values. However, those revenues pass through general revenue where they are often diverted away from the MTA. Also, it is more diffuse as the transfer taxes reflect the overall property values and velocity of transactions across the whole city, not just around transit development areas.

    It’s a challenge to implement, however … would the MTA be given the rights to buy property along the proposed 2nd ave route from its current owners? Would the city exercise eminent domain in order to compel owners to sell? For city owned property I could see how this would work, but the vast majority of all property along the development corridors is privately owned.

  • Bolwerk

    Or charge higher property taxes for properties a certain distance from transit, and dedicate it to transit funding. Presumably that survey data is already available, so it’s not exactly a challenge to implement in the course of doing normal assessments.

  • Anonymous

    very possible to do, the logistics of implementing such a tax are not the hard part.

    The biggest challenge is ensuring the revenues are actually dedicated to transit, as opposed to being appropriated as they pass through general revenues.
    Another thing to consider is that a significant tax raise on existing properties may force a lot of small owners to sell to larger real estate groups, since the small owners are less likely to have the cashflow to absorb the higher tax burden. This may not be a bad thing overall, but it is in some sense unfair to the guy who owns a 1 building that is in an area that is finally getting expanded transit, and he becomes a forced seller so all the benefit goes to Tishman Speyer.

  • Bolwerk

    True, though at least it’s not anything Albany could (would?) block through inaction. But that problem exists with literally any revenue proposal.

    As for the impact it would have on property owners, that should be studied if such a proposal is implemented.

  • Anonymous

    For the past two days, the lead story on NY1 morning news has been the traffic on the East Side because of the UN General Assembly. Not the General Assembly itself, the traffic. You’ve gotta be kidding me, considering what a small minority are actually affected by that.

  • Anonymous

    Ehh, that doesn’t seem out of place. NY1 is hyper local focused with an emphasis on traffic/transit and weather. The UNGA lane closures is a big deal in that realm so I’m not surprised. And frankly, the substance of the UNGA will have even less impact on those NY1 viewers lives than the traffic.

    It’s really just a big cocktail party for diplomats, NGOs and lobbyists.

  • Kevin Love

    To quote Sir Winston Churchill:

    “Talk, talk, talk is better than war, war, war.”

  • Matthias

    On light rail, ITDP just came out with a study saying that BRT attracts more development per dollar spent than light rail. Interesting considering that historically rail has attracted more ridership and more development. Thoughts?

  • Anonymous

    Glad to see Green is out of the hospital. I’m surprised she hasn’t sued the pants of Himmion yet. They do say the British are more civilized however.

  • Bolwerk

    What is “per dollar”? If they are just comparing initial capital expenditures, it’s not very surprising. Non-purist implementations of BRT cost virtually nothing and offer huge improvements. Purist versions cost more than rail though, presumably without the same return.

    Also, there is the whole problem with proportion. Investing $1000 at 10% makes you $100, while investing $1,000,000 at 9% nets you $90,000.

  • Anonymous

    I just used the new unofficial bike lane on 6th Ave. I must say it looks better than I expected (I was worried it would have been erased by now).