After the news broke that Amazon was reportedly going to split its HQ2 plans between New York City and Washington, D.C., some cities are left console themselves. A Planetizen opinion piece picks up the pieces.
A sweeping new subway improvement plan is on the table in New York City. The "Fast Forward" plan will modernize the subway's signal system, improve wheelchair accessibility, and "restructure the inner workings of the department."
In an opinion for City & State, Kathryn Wylde, president of the nonprofit Partnership for New York City, makes the case that the Metropolitan Transportation Authority should be allowed to tax properties where value is enhanced by subway proximity.
Value capture, collecting tax increment from subway adjacent properties to help provide money needed to repair the 114-year old subway system, is proposed by New York Gov. Andrew Cuomo and opposed by the New York City Mayor Bill de Blasio.
Over 1,600 new subway cars may be ordered, a minimum of 200 with open gangways, by the Metropolitan Transportation Authority. The first 500 will be purchased from the Japanese company, Kawasaki, to be assembled in Yonkers and Lincoln, Nebraska.