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| "N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West" (1364086) | |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by Allan on Wed Aug 26 14:49:22 2015, in response to "N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West", posted by Joe V on Wed Aug 26 13:04:40 2015. Sudden development of Jersey City???????Development of Jersey City has been going on since the mid-1980's (the Newport Mall opened in 1987) so what they are saying is a very poor excuse. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by 3-9 on Thu Aug 27 06:20:27 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by Allan on Wed Aug 26 14:49:22 2015. Maybe she's referring to the residential aspects of it? IIRC, the first phase was mostly shopping, then businesses, then residential. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by 3-9 on Thu Aug 27 06:23:30 2015, in response to "N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West", posted by Joe V on Wed Aug 26 13:04:40 2015. Imagine how much more stunted Jersey City would have been if HBLR had not built. Does anyone think further rail expansion in Jersey City is worth it? |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by Stephen Bauman on Thu Aug 27 08:06:22 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by 3-9 on Thu Aug 27 06:20:27 2015. Maybe she's referring to the residential aspects of it? IIRC, the first phase was mostly shopping, then businesses, then residential.This means that NJ's low tax appeal (vis-a-vis NYC) has ended. Shopping real estate takes very little local services. Business takes somewhat more. Residential development requires 24/7 policing, water and sewer, and schools. It spells the end of cherry picking development. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by WillD on Thu Aug 27 15:03:37 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by Stephen Bauman on Thu Aug 27 08:06:22 2015. Most of the "low tax" development in Jersey City was done with 10 year tax abatements and most of those have run out now., According to Dennis Gale in his Greater New Jersey there was a sharp drop off in tax abatement values after 2002 after Goldman Sachs played NJ and NY off against each other to secure more beneficial tax abatements. So most of Jersey City's commercial real estate has been paying their full tax bill for 3 to 6 years now and JC hasn't exactly imploded. Admittedly the residential stuff may still be abated just because widespread residential redevelopment lagged commercial redevelopment, but that too will be coming up on the end of their abatements. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by Joe V on Thu Aug 27 17:38:26 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by 3-9 on Thu Aug 27 06:23:30 2015. I think PATH's shitty off-peak service should be increased. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by LA Scott on Thu Aug 27 20:35:49 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by WillD on Thu Aug 27 15:03:37 2015. There are still a lot of tax incentives, credits, and exceptions in Jersey City.Not necessarily property tax, but companies get a decent package for hiring. I work at Exchange Place, and I have seen some of the material that that is shown to potential corporate real estate clients. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by Olog-hai on Fri Aug 28 02:09:20 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by 3-9 on Thu Aug 27 06:23:30 2015. Imagine how much more stunted Jersey City would have been if HBLR had not builtWhat has that done for JC? Considering the money spent on it, next to nothing. It's still painfully slow north of Liberty State Park and it duplicates PATH to Hoboken. They want to spend close to $100 million per mile on the extension to Tenafly too; that's three times as much as it ought to cost to re-extend a DMU service from Hoboken to Nyack. And thanks to FRA rules, several areas that used to have rail freight service now can't have it anymore. Frankly, if Exchange Place Terminal had stayed open past 1967, at least the Metroliner could have gone there and "revitalized" (as they like to say) both the Exchange Place area and Wall Street. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by Joe V on Fri Aug 28 06:47:57 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by Olog-hai on Fri Aug 28 02:09:20 2015. If you get off NJT at Hoboken and take HBLRT, it is essentially free with a NJT rail pass. That saves $$$ per month over PATH. That's why people ride it.Were it not for HBLRT, most of those new JC buildings would not exist. They would not spontaneously go up for a bus line south of Exchange Place. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by LA Scott on Fri Aug 28 08:39:20 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by Joe V on Fri Aug 28 06:47:57 2015. HBLR is also faster than PATH when you take into account the time to get to/from the platforms. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by Joe V on Fri Aug 28 10:11:38 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by LA Scott on Fri Aug 28 08:39:20 2015. PATH is pretty far down there.Tall office and apartment buildings do not get built because NJT runs a bus (every 25 minutes or whatever). Rail is a urban development tool. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by LA Scott on Fri Aug 28 11:46:24 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by Joe V on Fri Aug 28 10:11:38 2015. PATH is far down, not as closely spaced, and in the case of Newport, at the end of a decent passageway. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by terRAPIN station on Fri Aug 28 13:10:56 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by LA Scott on Fri Aug 28 11:46:24 2015. They really need to create a new exit up out of that station. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by Olog-hai on Fri Aug 28 15:08:17 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by LA Scott on Fri Aug 28 08:39:20 2015. No it really isn't. HBLR is painfully slow. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by Olog-hai on Fri Aug 28 15:09:48 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by Joe V on Fri Aug 28 06:47:57 2015. That's why NJT's losing bucketloads of money on HBLR.And no, the new buildings (what, not businesses?) are not because of the light rail. They were going up without them, just like the so-called "Gold Coast" along the widened River Road came to be without the light rail. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by WillD on Fri Aug 28 21:28:53 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by Olog-hai on Fri Aug 28 02:09:20 2015. They want to spend close to $100 million per mile on the extension to Tenafly too; that's three times as much as it ought to cost to re-extend a DMU service from Hoboken to Nyack.Well that's convenient, because it'll be used by four times as many people as that vaporware DMU proposal (not that the DMU was ever going anywhere near Nyack outside of your fevered foamer dreams). So the LRV is and always was more cost effective than the DMU proposal. And one need look no further than Oregon's Westside Express blunder to see just how fundamentally unsound the DMU proposal always was.  And thanks to FRA rules, several areas that used to have rail freight service now can't have it anymore. And just what rules are these? Where are they written in 49CFR? Which section? |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by Joe V on Sat Aug 29 07:16:50 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by WillD on Fri Aug 28 21:28:53 2015. South Jersey River Line has both LRV and Class I freight with time separation. |
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Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'' |
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Posted by WhiteBus on Sat Aug 29 16:35:25 2015, in response to Re: ''N.J.’s Creaky Mass Transit Endangers Boom for Wall Street West'', posted by WillD on Fri Aug 28 21:28:53 2015. BTW, the Northern Branch is 'out of service' north of Englewood so far as I can determine. A section of rail is removed near the Englewood Stn, and ties are placed across the track there also. This is just south of Demarest Ave and north of Palisade Ave (the main drag). |
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