Comments on: Traffic Relief on Brian Lehrer Right Now http://www.streetsblog.org/2006/12/05/congestion-pricing-on-brian-lehrer-right-now/ Covering the New York City Streets Renaissance Fri, 10 Feb 2012 16:07:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: it's about real estate stupid http://www.streetsblog.org/2006/12/05/congestion-pricing-on-brian-lehrer-right-now/comment-page-1/#comment-14908 it's about real estate stupid Tue, 05 Dec 2006 16:40:07 +0000 http://www.streetsblog.org/2006/12/05/congestion-pricing-on-brian-lehrer-right-now/#comment-14908 CM Weprin really fumbled that last line about the people who just drive through the Central Business District. I don't have a transcript, but he basically said that "they especially shouldn't be taxed because they are not even benefiting from driving through the city". Talk about a windshield mentality. If he thinks Manhattan's primary economic value is to hold up the bridges, he severely underestimates the value of the real estate in the CBD. He should take a good look at the city's finances and tax base. Mr. Weprin Q: Have you ever wondered why real estate taxes are much less in Queens than across the border in Nassau County? A: Manhattan's real estate and high income tax base PERIOD CM Weprin really fumbled that last line about the people who just drive through the Central Business District. I don’t have a transcript, but he basically said that “they especially shouldn’t be taxed because they are not even benefiting from driving through the city”.

Talk about a windshield mentality. If he thinks Manhattan’s primary economic value is to hold up the bridges, he severely underestimates the value of the real estate in the CBD.

He should take a good look at the city’s finances and tax base.

Mr. Weprin
Q: Have you ever wondered why real estate taxes are much less in Queens than across the border in Nassau County?

A: Manhattan’s real estate and high income tax base PERIOD

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