One way, or another, wealthy New Yorkers are probably going to end up contributing to the financial end of the equation for solutions to New York's public transit woes.
"Pressure to find revenue to finance a $40 billion fix for New York’s subways, buses and regional commuter rail has sparked renewed city and state interest in a tax on wealthy non-residents who own luxury city apartments," reports Henry Goldman.
"New York Governor Andrew Cuomo’s budget director, Robert Mujica, jump-started the idea Wednesday in a statement that totaled up potential revenue sources for regional transit funding: $15 billion from congestion pricing, $5 billion from Internet sales, and $2 billion from yet-to-be-legalized cannabis. The so-called 'pied-à-terre tax' on non-resident owners could raise as much as $9 billion, Mujica said."
Mayor Bill de Blasio has for a long time favored an income tax on millionaire residents in the city to finance transit improvements in the city, but de Blasio recently came to an agreement with New York Governor Andrew Cuomo on a congestion pricing scheme. With the pied-à-terre tax now on the table in the governor's office, Mayor de Blasio expressed support in a soundbite included in the article.
FULL STORY: New York Considers Taxing Non-Resident Owners of Luxury Apartments
Changes to Proposed NYC Pied-à-Terre Tax Will Yield Less Revenue for Transit
The real estate intervened, and a proposed pied-à-terre tax became a mansion tax.
Breaking News: New York State Ready to Embrace Congestion Pricing, Finally
The New York State Legislature is preparing to reverse over a decade of reluctance regarding congestion pricing, according to reports from Albany.
Judge Extends NYC Congestion Pricing Through at Least June 9
A federal judge halted the Trump administration’s effort to kill the program, which remains in limbo as a lawsuit filed by the MTA moves forward.
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
Making Shared Micromobility More Inclusive
Cities and shared mobility system operators can do more to include people with disabilities in planning and operations, per a new report.
Car Designs Make it Harder to See Pedestrians
Blind spots created by thicker pillars built to withstand rollover crashes are creating dangerous conditions for people outside vehicles.
Cal Fire Chatbot Fails to Answer Basic Questions
An AI chatbot designed to provide information about wildfires can’t answer questions about evacuation orders, among other problems.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Appalachian Highlands Housing Partners
Gallatin County Department of Planning & Community Development
Heyer Gruel & Associates PA
Mpact (founded as Rail~Volution)
City of Camden Redevelopment Agency
City of Astoria
City of Portland
City of Laramie