A Good Test Case

I did two blog posts recently which talked about Hong Kongs transit system which profitably links transportation and land development.

Recently, the New York Water Taxi has had to cut a large number of it’s routes for lack of money. Isn’t there some way to link land development in the areas served by the water taxi to help fund it since the taxi adds tremendous value to these developments? This could be done in a number of ways, from granting the company some development rights, a cut of other developers profits or some kind of dedicated tax on land owners close to the areas served by the service.

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