Are America's private railroading glory days gone forever? The folks at Freakonomics have asked me to contribute to a “Quorum” on Amtrak and whether it can ever be profitable. Maybe I was a sucker, but it looks like I hewed closer to the question that some of the … [Read more...]
California HSR Review Panel Recommends Against $2.7 Billion Bond Issue
Enormous viaducts like this are one reason for the project's ballooning cost estimates Well, the other shoe has finally dropped: the California High-Speed Rail Peer Review Group is recommending that the state legislature not authorize the issue of $2.7 billion in bonds to begin paying for the … [Read more...]
Qatar’s Skyscraper Diplomacy
London’s Shard tower, soon to be the tallest in Europe, is, financially speaking, a bit puzzling. Europe is in the midst of an economic crisis, and London’s Southwark, across from the skyscraper-crazed City of London, is gentrifying, but not the safest place for a massive real estate … [Read more...]
A Roosevelt Island Campus To Make Le Corbusier Proud
Cornell-Technion has released another “fly-over” video, this one focused on the interior. But it does shed a bit more light on what the development will look like from the ground, and it ain’t pretty – the campus will be laid out in a fairly Corbusian plan, replete with lots of … [Read more...]
NYC Taxi Reform Doesn’t Go Far Enough
This post originally appeared at Neighborhood Effects, a Mercatus Center blog where we write about the economics of state and local policy. Next week, New York Governor Cuomo is likely to sign a bill that will marginally increase competition in the NYC cab market. The new rule will allow … [Read more...]
As I Was Saying About Tech In Dumbo…
The sky's the limit for Dumbo! Last night I wrote a blog post about tech development in New York City, arguing that before the city pours money into a science campus for Cornell on Roosevelt Island, its planners should make more room for entrepreneurs in existing tech hubs like Union Square and … [Read more...]
The Lord Gave To NYC Tech Start-Ups And Universities, And The Lord Hath Taken Away
Stanford's (losing) vision for Roosevelt Island, with requisite acres of green Big news out of New York City: Stanford pulled out of Bloomberg’s applied sciences university “competition” after Cornell got an enormous donation, leaving the upstate university the front runner to … [Read more...]
Betting the Farm on Oregon Iron Works
"Made in USA"...and don't you forget it! United Streetcar, led by its former lobbyist, Chandra Brown, is ostensibly a manufacturer, though its greatest asset seems to be its ability to win government contractors.... … [Read more...]
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