Source: RPA
Though it’s been billed as the most expensive infrastructure project in the nation, the Access to the Region’s Core (ARC) tunnel currently under construction between New Jersey and New York will provide a substantial return on investment, according to a study released this week by the Regional Plan Association. Looking at the impact on […]
Posts Tagged ‘Transit’
RPA Report Finds ARC To Raise Home Values By $18 Billion
Friday, July 30th, 2010Walkable, Transit-Rich Neighborhoods Poised for Comeback
Friday, July 23rd, 2010image source: The Atlantic
In the June 2010 issue of the Atlantic, contributor Christopher Lineberger argues in “Here Comes the Neighborhood” that the recent plunge in housing prices hasn’t affected walkable neighborhoods in urban and inner-suburban areas to the same extent as elsewhere. Demand for in-town housing will increase in the future, he […]
Could NJ’s Depleted Trust Fund Jeopardize Federal Funding for ARC?
Wednesday, June 9th, 2010Source: arctunnel.com
That is the question posed by Phillip Barbara in a guest column in yesterday’s Star-Ledger. With New Jersey’s Transportation Trust Fund nearly broke, and no solution on the horizon, Barbara suggests that the federal government may be leery of committing to a “full funding agreement” of nearly $3 billion that had been expected. In all, […]
NJ Sens. Menendez and Lautenberg Introduce Emergency Transit Funding Bill
Tuesday, May 25th, 2010Source: NJ.com
In response to recent fare increases and service cuts at NJ Transit, New Jersey’s two U.S. senators, Frank Lautenberg and Robert Menendez joined six of their Democratic colleagues to introduce a bill Tuesday that would authorize $2 billion in emergency funding for transit agencies.
The bill is designed to help transit agencies nationwide close funding […]
State Affirms Support—But No Money—for PATCO Extension
Friday, May 14th, 2010Last year, then-Governor Corzine went to Woodbury to proclaim his support for the extension of PATCO rail service to Gloucester County. More important, he committed $500 million from the state’s Transportation Trust Fund (yes, that Transportation Trust Fund) toward the estimated $1.6 billion project. New Jersey Future has long supported the project, not only for the […]
Parking at NJ Transit Stations Can Generate More than Revenue
Wednesday, May 12th, 2010NJ Transit’s rail system has a network of 66,000 public, private and municipally owned parking spaces at its stations, of which approximately 79 percent are occupied on the average weekday.
The three stations with the largest amount of parking are Metropark, Princeton Junction and Trenton, all on the Northeast Corridor line. The three stations with the […]
Tell NJ’s Senators to Stand up for Transit Riders in New Jersey!
Tuesday, May 11th, 2010The recent service cuts and fare hikes at NJ Transit were a serious blow to the thousands of New Jersey residents who rely on public transportation. They were also part of a trend of service cuts and fare hikes at transit agencies across the country, as detailed in T4 America’s new report, Stranded at the […]
Menendez Introduces Bill to Provide Tax Credit for Transit Oriented Development, But Will the Zoning Be There?
Monday, April 26th, 2010In New Jersey, oftentimes it is municipal opposition, not developer disinterest, that can stymie transit-oriented development and other types of smart growth.
Fare Hikes and Service Cuts Announced for NJ Transit
Friday, March 5th, 2010Source: NJTransit“New Jersey Future understands the gravity of the state’s current budget crisis, and we recognize that hard choices are necessary to address the situation. We believe, however, that placing this burden solely on transit riders, and not on the transportation system as a whole, sends the wrong message about New Jersey’s […]
Poll Shows New Jersey Residents Concerned About Transportation Funding
Monday, March 1st, 2010A new Monmouth University poll commissioned by New Jersey Future and the Tri-State Transportation Campaign finds that 95 percent of New Jersey residents think it is important that we pay to maintain and improve our transportation system.
Source: www.monmouth.edu
Yet almost half of the state’s residents don’t know that the Transportation Trust Fund is going broke. The […]
