Tag Archives: featured

Updated: Mobility, Economic Opportunity and NYC Neighborhoods

The NYU Rudin Center for Transportation has updated our January 2015 report: “Mobility, Economic Opportunity and New York City Neighborhoods,” focusing on the variations of job access by transit throughout New York City. The new edition includes this year’s new transit resources, such as the 7 line station and Select Bus Service routes.


This research was supported by The Rockefeller Foundation and Google.

Program Recap: Emerging Leaders in Transportation 2015

The NYU Rudin Center concluded our Emerging Leaders in Transportation program last week, wrapping up three weeks of seminars with industry leaders and behind-the-scenes tours of local transportation facilities.

Program participants explored innovation and leadership in the context of their careers and engaged in intense discussions about essential skills, managing politics and promoting their ideas.

This year’s speakers:

The group visited the NYCT Rail Control Center and the Citi Bike Warehouse for inside perspectives on operations and challenges.

The program concluded with participants making two-minute pitches about innovations they would like to develop in their workplaces.

The 2015 Emerging Leaders in Transportation program was a major success. Thanks to the many transportation professionals who took the time participate as speakers, to the program alumni and guests who provided feedback on pitches, and to this year’s fellows who brought their best ideas and enthusiasm.

Emerging Leaders in Transportation was directed and moderated by Sarah Kaufman, NYU Rudin Center and supported by the University Transportation Research Center.

World Trade Center Rebuilding Pays Off for Port Authority and the Region

The general view of New Yorkers, the media, and the civic community has been that the rebuilding of the World Trade Center, while necessary, has come at a major cost to the Port Authority’s bottom line. Findings in a new report by the NYU Rudin Center, with the assistance of Appleseed, tell a different story: The World Trade Center project will ultimately generate enormous economic return for New York and the region, while preserving the Port Authority’s ability to invest in its core transportation assets.

This analysis shows that the Port Authority of New York & New Jersey is poised to recover nearly all – between 97.4 and 98.6 percent – of its anticipated $16.76 billion investment in the rebuilding of the World Trade Center, and confirms that the redevelopment of the site has already generated substantial benefits for the New York-New Jersey region.

Utilizing a wide range of data sources, the Rudin Center report accounts for Port Authority reimbursements and revenue from various sources, including:

  • Insurance proceeds – from both the Port Authority and Silverstein Properties’ insurers
  • Post-9/11 federal funding
  • Revenues from One World Trade Center
  • Ground lease payments from Silverstein Properties
  • Payments by Westfield for rights to the World Trade Center retail space
  • Income from the sale or lease of the 5 World Trade Center site

Read the report in full here: Surprise! World Trade Center Rebuilding Pays Off for the Port Authority – And the Region