3 Proposals to Fund Mass Transit in a Big City. Includes Real Estate Fee.

Proposals to fund mass transit in New York City include:

  • Congestion pricing
  • Creating a “transit-maintenance district”
  •  Adding a $1.50 charge to the core business district’s $60- to $70-per-square-foot rents since high rise buildings benefit the most from mass transit

Crain’s New York | Former MTA executive pitches real estate fee to fund mass transit