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Re: Cuomo Reluctant To Dig Deep For New Hudson Rail Tunnel

Posted by Stephen Bauman on Fri Aug 21 01:11:53 2015, in response to Re: Cuomo Reluctant To Dig Deep For New Hudson Rail Tunnel, posted by NIMBYkiller on Fri Aug 21 00:41:40 2015.

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There's a big difference in the living styles of millennials and the previous generations of baby boomers and WWII veterans. The millennials prefer the urban life style to suburbia. They are the ones who have gentrified the new upscale neighborhoods of NYC.

Millennials now make up the majority of the workforce. They are less likely to uproot themselves (or their companies) to the suburban industrial campus settings. Some of the businesses that relocated to NJ or CT have returned to NYC. The reason is they could not attract the needed brain power in suburbia.

It's the reason that NYC is leading the region in job and wage growth. NYC's need to continue this trend is to make the City more attractive for millennials to set up homes and families. This means investing in infrastructure within NYC. The Hudson River tunnels don't fit this category.

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