For New York City's bikers, new bicycle infrastructure has shortened distances between transit stops and raised the value of rentals in out of the way corners of the city.
"As the search for more affordable real estate in New York City pushes deeper into neighborhoods that were once considered out of the way, bicycle lanes are taking on new importance," reports Michelle Higgins.
The article quotes Lyon Porter, who explains the real estate benefits of biking in the city: "'People get so much more for their money in this tight, compressed market,' when freed from the need to be near a train line, he said. 'Your definable boundaries are different on a bike.' Without one, he said, 'your map changes.'"
The article goes on to highlight a number of New Yorkers in different parts of the city shortening their trips by making the choice to bike.
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University of New Mexico - School of Architecture & Planning
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HUD's Office of Policy Development and Research
Chaddick Institute at DePaul University
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Park City Municipal Corporation
National Capital Planning Commission
City of Santa Fe, New Mexico
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