Fast Track to Skyrocketing Real Estate Prices: The New Public-Transit Effect

PenneyVanderbilt

New York City homeowner Tina Larsson watched for nearly a decade as a new subway station was built right across the street from her brick midcentury co-op on Manhattan’s Upper East Side. The excavation blasts shook her walls and sent dust spewing into the air; the noise and disruption choked off business to once-busy restaurants and shops.

It was, in short, a terrible mess.

Then in January, the heavy construction machinery suddenly disappeared, the sidewalk scaffolding was taken down, and the endless clutter seemed to vanish overnight. After nearly a century of starts and stops, the $4.5 billion Second Avenue subway—one of the nation’s most notoriously delayed large-scale transit projects—was finally open for business. It was sleek, modern, and even festooned with original Chuck Close portraits. Now, Larsson, 51, and many of her longtime neighbors, are finally ready to reap the real estate rewards.

Prices in Larsson’s building have shot…

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Finally, i can sleep.

Miles from our home

Its the third day of my ride and i have found a place to pitch my tent.

It’s more than beautiful and tonight i am not staying under the clouds but in the clouds.

Thanks to the owner of this place for allowing me to stay here safely unlike Shivpuri where local people told us about presence of wild elephant and other animals at night.

Check out the pics right here and stay updated for tomorrow

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Cuomo unveils new Schenectady train station design

PenneyVanderbilt

As the old Schenectady Amtrak station came crumbling down Tuesday, Gov. Andrew Cuomo stopped in the city to tout the $23 million structure that will replace it.

Joined by state and local officials, Cuomo highlighted recent positive developments in Schenectady, saying a new train station is part of that. The station has been due for an overhaul for several years, and the new structure is expected to be completed by November 2018.

“You see how one piece complements the other piece,” Cuomo said of development in the city. “Rivers (Casino) is going to complement Mohawk Harbor, which is going to bring more people into town, so we’re going to have a new train station.”

As Cuomo spoke, crews began tearing down the old station. The demolition is expected to be completed Wednesday. It’s unclear when construction of the new building will start, but the state will solicit bids for a…

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