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Pittsburgh wins Gawker's ugliest accent contest (People Magazine)
Dear Jagoffs, Pittsburgh officially has the ugliest accent in America (Gawker)
The Pittsburgh Anthology: Call for proposals and submissions (Belt Magazine)
Pittsburgh singer Chris Jamison advances on "The Voice" (NBC)
4121 Main, mixed use arts space opens in Bloomfield (Pop City)
Former churches blessed with new lives in Pittsburgh (New York Times)
Halloween Party planned for Carrie Furnace (The Brew Gentlemen)
Cleveland
The Cleveland Museum opens major Jennifer Bartlett retrospective
Five reasons to visit Cleveland now (Fodor's Travel)
Looking back at the East Ohio Gas company explosion, 70 years later (Cleveland Scene)
Possible clash over Soldiers and Sailors monument could hold up Public Square redesign (Cleveland.com)
Rediscovering Cleveland poet, Russell Atkins (Belt Magazine)
Ohio
Haunting Houses: Ohio's abandoned country houses- in pictures (The Guardian)
West Virginia and Appalachia
Morgantown police investigate post Baylor game riots
History professor's new book brings old "blood feud" back to life
A (yes) culinary road trip through Appalachia (Wall Street Journal)
Inaugural Appalachian Queer Film Festival to debut in Lewisburg (The Charleston Gazette)
Other Urbanism and Architecture News
These conservatives make the case or vibrant cities. Most of their friends ignore them. (Grist)
The redevelopment racket (The American)
More prefer public transit to road building (ABC News)
DC's new parents aren't fleeing to the burbs (Streetsblog)
Atlanta's MARTA transit agency ramps up transit oriented development (Atlanta Business Chronicle)
Federal Government releases map of proposed Houston/ Dallas bullet train route
Why no one drives to work in Hong Kong (Market Urbanism)
Photo essay: L.A.'s architecture of insecurity (Los Angeles Times)
Can the homeless move into Baltimore's abandoned houses? (City Lab)
Norfolk's light rail choice: Embrace the city or follow the highway? (Greater Greater Washington)
Arcadia California: The U.S. town every Chinese millionaire wants to live in (Wall Street Journal)
Berlin wants to build a pool in the middle of the city's river (City Lab)
Uber can fill gaps in Anchorage area transit (Alaska Dispatch News)
With farms fading and urban might rising, power shifts in Iowa (The New York Times)
Other Art and Culture News
Oldest Homo Sapiens DNA found (Cent News)
Another vandal hits Jeff Koons retrospective (Hyperallergic)
French President pledges support for Paul McCarthy's "butt plug" (Hyperallergic)
An Iranian-American artist revisits images from the 1979 revolution (Hyperallergic)
Can a biennial fix New Orleans? (The Art Newspaper)
How Rembrandt dressed his women for death (The Guardian)
No second coming or deflated, Paris "sex toy" sculpture (AFP)
Ronald Perelman vs Larry Gagosian feud shakes the art world (New York Times)
The 50 greatest paintings in New England (Boston Globe)
"Outreach" is killing the American Orchestra (New Republic)
Famed fashion designer, Oscar de la Renta dies at 82 (New York Times)
Showing posts with label Hong Kong. Show all posts
Showing posts with label Hong Kong. Show all posts
Wednesday, October 22, 2014
Tuesday, August 16, 2011
How Transit Systems Can Make Money By Developing Real Estate
I have mentioned Hong Kong's amazing, cheap and insanely profitable transit system before, but, it seemed at the time that I was talking from another planet.
One big emerging benefit of the financial crisis is that as the seemingly endless well of government cash dries up people are rethinking the way things are done.
Unlike infrequently used sports stadiums or subsidised garages, well planned and executed transit systems add lots of value to surrounding real estate values, by allowing -taller buildings, less space wasted on parking and more sales per square foot of retail.
What if the transit system got a lot of that money? From The Infrastructurist.
This type of thinking is gathering some steam at least in New York City and increasingly is being discussed-partly cause Hong Kong's MTR just lured away the former head of NYC's MTA with a huge boost in salary and no doubt-stock options.
Several posts and related articles...
On Bloomberg
On Cap'n Transit
On WNYC (New York public radio)
One big emerging benefit of the financial crisis is that as the seemingly endless well of government cash dries up people are rethinking the way things are done.
Unlike infrequently used sports stadiums or subsidised garages, well planned and executed transit systems add lots of value to surrounding real estate values, by allowing -taller buildings, less space wasted on parking and more sales per square foot of retail.
What if the transit system got a lot of that money? From The Infrastructurist.
The reason Hong Kong’s metro system can afford to pay its chief so much more than New York’s is that, unlike the MTA, which faces a $10 billion shortfall, the MTR actually makes money. Lots of money. Like 8.7 billion Hong Kong dollars lots, according to Bloomberg, which is more than a billion U.S. dollars a year.
This type of thinking is gathering some steam at least in New York City and increasingly is being discussed-partly cause Hong Kong's MTR just lured away the former head of NYC's MTA with a huge boost in salary and no doubt-stock options.
Several posts and related articles...
On Bloomberg
On Cap'n Transit
On WNYC (New York public radio)
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