Nyc | Market Urbanism

Even Midtown Manhattan not immune to anti-density NIMBYism

by Stephen Smith

In general, I think of Manhattan below Central Park as perhaps the freest place in America in terms of land use restrictions. There are no minimum parking regulations, zoning variances are relatively easy to get, and FAR restrictions are relatively generous. Historical preservation designations sometimes limit redevelopment, but other than that, developers [...]

Private buses make a comeback in NYC

by Stephen Smith

Transit activists have been bemoaning recent cuts in the MTA’s bus routes throughout New York City, but the cuts may have a silver lining, in particular for market urbanists: they may usher in the return of private buses to the streets of New York City. Private buses (and subways, and streetcars) were once [...]

What Would Moses Do? (Robert Moses, that is…)

(Map of Robert Moses’ unbuilt proposals via “vanshnookenraggen.”)

Sandy Ikeda blogs:

If Moses were around today I don’t think he’d waste any time getting every major project he could think of “shovel ready” for hundreds of billions of stimulus money. While he’s no longer with us, I do fear that, with the incentive structure of the stimulus [...]

NY Rent Control Revival

In an act of pure legislative idiocy in the face of overwhelming consensus among economists against rent control, the New York State Assembly started the ball rolling to strengthen rent regulation. NY Times:

The Democratic-led Assembly passed a broad package of legislation designed to restrain increases on rent-regulated apartments statewide. The legislation would essentially return to [...]

MTA Rider Report Card: an F for Incentive Structure

This morning, as I stepped to the stairway that brings me into Brooklyn’s 86th street subway station on the R line, I was greeted by two MTA employees who handed me MTA’s ‘Rider Report Card’ to fill out and mail in. As I started down the steps, I noticed something different than the usual routine; [...]

Using eminent domain to blight neighborhoods

by Stephen Smith

The Weekly Standard has a comprehensive and compelling piece of investigative reporting on Columbia University’s attempt to acquire 17 acres in the heart of the Manhattanville section, north of its Morningside campus. The tale is a classic example of eminent domain abuse – the university worked hand-in-glove with the government to designate the [...]

Landmark Incentives

by Sandy Ikeda

The other day I was lecturing to my students about externalities and the Coase Theorem. One of the examples I used came directly from the our textbook – Heyne, Boettke, & Prychitko’s The Economic Way of Thinking. It asks what would happen if you tried to declare a large tree in your neighbor’s backyard [...]

Tolling NY’s East River Bridges Back on The Table?

Congestion pricing schemes, touted as environmentally-responsible at the time of $4 gas, were defeated in New York City last Spring. However, as the market turmoil threatens to wreak havoc on tax revenues, fiscal necessity has lured New York State and New York City politicians to re-examine the political viability of charging tolls to drivers entering [...]

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Even Midtown Manhattan not immune to anti-density NIMBYism

Private buses make a comeback in NYC

What Would Moses Do? (Robert Moses, that is…)

NY Rent Control Revival

MTA Rider Report Card: an F for Incentive Structure

Using eminent domain to blight neighborhoods

Landmark Incentives

Tolling NY’s East River Bridges Back on The Table?

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