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| Re: Budget Concerns Threaten To Derail Fulton Transit Hub (562164) | |||
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Re: Budget Concerns Threaten To Derail Fulton Transit Hub |
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Posted by Russ on Thu Jan 31 18:21:44 2008, in response to Re: Budget Concerns Threaten To Derail Fulton Transit Hub, posted by Kew Gardens Teleport on Thu Jan 31 04:46:31 2008. I don't see how this is a circular argument. Perhaps I didn't adequately phrase my points.How does this work: No other area in New York City is believed to possess the development potential, within walking distance of a single subway station, that would result in new property taxes from that projected real estate development that would exceed the debt service to build the new transit infrastructure. |
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