Wednesday, April 25, 2012

Urban Visions: Expanding Transit Infrastructure for an Ever Growing City

Last week, Manhattan Borough President Scott Stringer spoke at a forum and offered an interesting vision of an expanded, flexible transit system linking all five boroughs to effectively support future growth and development as New York in general and Brooklyn in particular continue to attract new residents.  And, of equal importance, he explored how to pay for it: through an infrastructure bank for mass transit that Stringer calls “New York City Transit Trust." Through a mix of directing mortgage recording tax funds for MTA capital products, and reinstitution of the commuter tax to support operational needs, Stringer projects that the "Transit Trust could provide capital for a range of projects, many of which can improve the lives of thousands of Brooklyn residents."

It's an interesting and ambitious concept that deserves further discussion. BP Stringer's full opinion piece on this matter appears below:

BUILDING A BETTER TRANSIT FUTURE IN BROOKLYN
by Scott Stringer, Manhattan Borough President

The future looked rosy 100 years ago, when New York undertook a revolutionary plan to build a vast network of subways and elevated trains. But it looks considerably different today, as we struggle to meet urgent transit needs.

Transit deserts dot the Brooklyn landscape, from Mill Basin and Marine Park—where an “express” bus takes over an hour to reach Midtown—to East Flatbush and Greenpoint, a burgeoning neighborhood that relies on the G train as its sole subway link. While our 100 year old system is designed for connectivity between Brooklyn and the Manhattan core and back, it does little to connect Brooklynites to other Brookynites. Want to get from Williamsburg to Bay Ridge? Better head into Manhattan and back out again. We can and must do better. Our system must reflect where people live and work today, not 100 years ago.

One million more people will be living in our City by 2025 and to put it bluntly: We are not ready. The Metropolitan Transportation Authority -- the central nervous system of our regional transportation network -- is a fiscal house of cards.

This crucially important agency is being held together with a combination of unprecedented borrowing, and fare hikes as far as the eye can see. That’s no way to run a railroad, much less the nation’s largest transit system.

What’s needed is a new, more stable stream of revenue for the MTA, one that stabilizes its operating budget but also allows us to expand the system to reflect where people live and work today, not 100 years ago.

Here’s my plan: an infrastructure bank for mass transit that I call the “New York City Transit Trust.”

Mayors across the country are recognizing that cities cannot rely solely on state and federal funding for infrastructure. In Chicago, Rahm Emanuel has launched the Chicago Infrastructure Trust to leverage private capital for needed projects.

The New York City Transit Trust will also leverage private dollars by tying our infrastructure bank to a dedicated revenue stream – the Mortgage Recording Tax -- that currently helps fund the MTA’s operating costs.

The Transit Trust could provide capital for a range of projects, many of which can improve the lives of thousands of Brooklyn residents. BRT will finally come to Brooklyn next year on Nostrand Avenue, promising to improve service for 300,000 people who live within ¼ mile of the route. The Trust could enable further expansions of BRT to Flatbush and Utica Avenues, the rebirth of light rail in the burgeoning neighborhoods of Red Hook and Carroll Gardens, the continued extension of the G train to Church Avenue, and the full rollout of countdown clocks along the borough’s lettered lines. In addition, the “X” line—a subway that can be built along existing rights of way between Brooklyn, Queens, and the Bronx—could improve interborough connections that would help over 70,000 Brooklynites who commute to Queens on a daily basis. Lastly, the Trust could benefit riders all over the City by paying for new subway cars and buses and improving safety and reliability by replacing track and upgrading outdated signals.

Of course, if we are going to redirect the Mortgage Recording Tax to the MTA’s capital needs, we have to replace it on the operations side with a new, reliable funding stream. I believe we should start by getting back what we lost when the commuter tax was repealed in 1999.

The commuter tax, which affects people who work in NYC but live outside the five boroughs, produced billions of dollars in revenue for New York City between 1966 and 1999. If we reinstated it at the same rate as when it was killed 14 years ago, we would raise $725 million a year to support the region’s transportation network.

It’s the right thing to do. Every day, close to a million commuters pour into New York City, using our roads, bridges and rails to get here and relying on our police, fire and sanitation services when they arrive.

All we need is leadership – leadership that recognizes that real investment in transit projects always pays huge dividends down the road, and that there are new, more creative ways to fund those projects.

That’s how you create a true, five-borough transportation network and prepare New York for the next century of growth.

--Scott Stringer

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.

Current Reading

  • Midnight Rising: John Brown and the Raid that Sparked the Civil War- Tony Horwitz
  • A Sultan in Palermo - Tariq Ali
  • Hitch-22: A Memoir - Christopher Hitchens
  • Negropedia- Patrice Evans
  • Dead Funny: Humor in Nazi Germany - Rudolph Herzog
  • Exile on Main Street - Robert Greenfield
  • Among the Truthers - A Journey Among America's Growing Conspiracist Underworld - Jonathan Kay
  • Paradise Lost - John Milton
  • What Is Your Dangerous Idea? Thinking the Unthinkable - John Brockman
  • Notes from the Edge Times - Daniel Pinchbeck
  • Fringe-ology: How I Can't Explain Away the Unexplainable- Steve Volk
  • Un Juif pour l'exemple (translated as A Jew Must Die )- Jacques Cheesex
  • The God Delusion - Richard Dawkins
  • Pale King - David Foster Wallce
  • David Bowie: Starman bio - Paul Trynka
  • Tobacco Stained Mountain Goat - Andrez Bergen
  • The Future of Nostalgia -Svetlana Boym
  • Living in the End Times - Slavoj ZIzek
  • FIrst as Tragedy Next as Farce - Slavoj Zizek
  • How to Survive a Robot Uprising - Daniel Wilson
  • Where is My Jet Pack? -Daniel Wilson
  • Day of the Oprichniks - Vladimir Sorokin
  • Ice Trilogy - Vladimir Sorokin
  • First Civilizations
  • Oscar Wilde -Andre Maurois
  • The Beats - Harvey Pekar, et al
  • SDS - Harvey Pekar, et al
  • The Unfinished Animal - Theodore Roszak
  • Friends of Eddy Coyle
  • Brooklands -Emily Barton
  • Abraham Lincoln - Vampire Hunter - Seth Grahme-Smith - Entertaining and historical
  • Dictionary of the Khazars - Pavic
  • Sloth-Gilbert Hernandez
  • War and Peace- Leo Tolstoy
  • Charles Addams: An Evilution
  • Life in Ancient Greece
  • Time - Eva Hoffmann
  • Violence - S. Zizek
  • Luba - a graphic novel by Gilbert Hernandez
  • Life in Ancient Egypt
  • Great Apes - Will Self - riveting and disturbing
  • Lost Honor of Katherina Blum - Heinrich Boll - could not put it down
  • Yellow Back Radio Brokedown - Ishmael Reed (author deserving of new wide readership)
  • Living in Ancient Mesopotomia
  • Landscape in Concrete - Jakov Lind - surreal
  • 'There Once Lived A Woman Who Tried To Kill Her Neighbor's Baby'-Ludmilla Petrushevskaya - creepy stories - translation feels literarily "thin"
  • Mythologies - William Butler Yeats (re-read again & again)
  • How German Is It ? - Walter Abish
  • The Book of Genesis - illustrated by R. Crumb - visionary
  • "Flags" - an illustrated encyclopedia - wish I could remember all of these. Flag culture
  • Sirens of Titan - Kurt Vonnegut
  • Ubik - Philip K. Dick
  • Nobody's Fool - Richard Russo
  • Hitler's Empire - Mark Mazower
  • Nazi Culture - various authors
  • Master Plan: Himmler 's Scholars and the Holocaust - Heather Pringle
  • Eichmann in Jerusalem - Hannah Arendt
  • Living in Ancient Rome
  • Traveling with Herodotus -R. Kapuszynsky
  • Oblivion - David Foster Wallace - Some of his greatest work
  • Infinite Jest - David Foster Wallace - still wrestling with this great book
  • Netherland - Joseph O'Neill - staggeringly great read
  • Renegade - The Obama Campaign - Richard Wolffe
  • Mount Analogue - Rene Daumal
  • John Brown
  • Anathem - Neal Stephenson - love Stephenson but tough slogging first few chapters
  • 7 Deadly Sins
  • ALEX COX - Alex Cox
  • FIASCO by Thomas Ricks
  • I, Fellini - Charlotte Chandler & Federico Fellini
  • Best of 20th century alternative history fiction
  • Judah P. Benjamin - Eli Evans - Confederacy's Secretary of State & source of the W.C. Field's exclamation
  • Moscow 2042 - Vladimir Voinovich - Pre-1989 curiosity & entertaining sci fi read; love his portrayal of Solzhenitsyn-like character
  • Gomorrah - Roberto Saviano - Mafia without the It-Am sugar coating. Brutal & disturbing
  • The Sack of Rome - Celebrity+Media+Money=Silvio Berlusconi - Alexander Stille
  • Reporting - David Remnick - terrific journalism
  • Fassbinder
  • Indignation - Philip Roth
  • Rome
  • Let's Go Italy! 2008
  • Italian Phrases for Dummies
  • How to Pack
  • Violence - Slavoj Zizek
  • Dali: Painting & Film
  • The Gang That Couldn't Shoot Straight - Jimmy Breslin
  • The Good Rat - Jimmy Breslin
  • Spook Country - William Gibson
  • A Blue Hand - The Beats in India - Deborah Baker
  • The Metaphysical Club - Louis Menard
  • Coast of Utopia - Tom Stoppard
  • Physics of the Impossible - Dr. Michio Kaku
  • Managing the Unexpected - Weick & Sutcliffe
  • Wait Til The Midnight Hour - Writings on Black Power
  • Yellow Back Radio Brokedown - Ishmael Reed
  • Burning Down the Masters' House - Jayson Blair
  • Howl - Allen Ginsberg
  • Cat's Cradle - Kurt Vonnegut
  • The Palace Thief - Ethan Canin
  • John Adams - David McCullough
  • The Wooden Sea - Jonathan Carroll
  • American Gangster - Mark Jacobson
  • Return of the King - J.R.R. Tolkien
  • Gawker Guide to Becoming King of All Media
  • Jews and Power - Ruth Wisse
  • Youth Without Youth - Mircea Eliade
  • A Team of Rivals - Doris Goodwin
  • Ghost Hunters -William James and the Search for Scientific Proof of Life After Death - Deborah Blum
  • Dream -Re-Imagining Progressive Politics in an Age of Fantasy - Stephen Duncombe
  • Love & Theft - Eric Lott
  • Exit Ghost - Philip Roth
  • Studio A - The Bob Dylan Reader

Current Listening

  • Alexi Murdoch Wait
  • Wilco Summer Teeth
  • Wilco The Album
  • Carmina Burana - Ray Manzarek (& Michael Riesmann)
  • Polyrock - Polyrock
  • 96 Tears - Garland Jeffries
  • Ghost of a Chance Garland Jeffries
  • Yellow Magic Orchestra
  • Mustang Sally Buddy Guy
  • John Lee Hooker
  • Black and White Years
  • Together Through Life - B. Dylan
  • 100 Days 100 Nites - Sharon Jones & The Dap Kings
  • DYLAN: 3 disc Greatest...
  • Glassworks - Philip Glass
  • Wild Palms - Soundtrack -Ryuichi Sakamoto
  • Dinah Washington - Best of..
  • Commander Cody& His Lost Planet Airmen Live at Armadillo