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	<title>Comments on: Beijing project highlights real estate value of Second Ave. subway</title>
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	<link>http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/</link>
	<description>A New York City Subway Blog</description>
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		<title>By: Second Ave. Sagas &#124; Blogging the NYC Subways &#187; Blog Archive &#187; Doubting the future of the Second Ave. subway</title>
		<link>http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-4359</link>
		<dc:creator>Second Ave. Sagas &#124; Blogging the NYC Subways &#187; Blog Archive &#187; Doubting the future of the Second Ave. subway</dc:creator>
		<pubDate>Tue, 20 Nov 2007 05:48:35 +0000</pubDate>
		<guid isPermaLink="false">http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-4359</guid>
		<description>[...] uncertainty. We&#8217;ve got seven long years — how exactly did Beijing build an entire line in four years? — for this project to once again fall [...]</description>
		<content:encoded><![CDATA[<p>[...] uncertainty. We&#8217;ve got seven long years — how exactly did Beijing build an entire line in four years? — for this project to once again fall [...]</p>
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		<title>By: Mary Beth Hurtado &#38; Elliott Lewis</title>
		<link>http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-706</link>
		<dc:creator>Mary Beth Hurtado &#38; Elliott Lewis</dc:creator>
		<pubDate>Tue, 26 Jun 2007 20:44:45 +0000</pubDate>
		<guid isPermaLink="false">http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-706</guid>
		<description>I am not familar with the subway system or schedule but TheCro comments sure makes sense</description>
		<content:encoded><![CDATA[<p>I am not familar with the subway system or schedule but TheCro comments sure makes sense</p>
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		<title>By: TheCro</title>
		<link>http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-709</link>
		<dc:creator>TheCro</dc:creator>
		<pubDate>Tue, 19 Jun 2007 20:37:28 +0000</pubDate>
		<guid isPermaLink="false">http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-709</guid>
		<description>Once again, this highlights one of the concerns that I have over the 14 block &quot;gap&quot; between the proposed 86th Street and 72nd Street Stations of the 2nd Avenue Line.

This 14 block area is already so densely populated, there is no great incentive or advantage to touting the &quot;longer stations&quot; with their &quot;increased number of entry points&quot; that the 2nd Avenue Subway will accommodate - OR - the effect / influence that this might have on Real Estate Valuations in this particular part of the Upper East Side neighborhood.

Forget the rhetoric, deal with the reality: I LIVE on 77th and 3rd Avenue. I USE the 77th Street Stop on the Lexington Avenue Line. Which proposed 2nd Avenue Subway stop do you think a person who lives on 77th Street and, say, 1st Avenue or York Avenue, should use?

That&#039;s why, in my earlier, detailed post I floated the idea / asked the question why there wasn&#039;t a ~79th Street Station planned for the 2nd Avenue Subway?!

So, to address this thread specifically, all I would say to anybody who is reading this post and is contemplating about speculating with Upper East Side real estate between 86th and 72nd Streets - don&#039;t be fooled and overpay if you speculate - especially between 82nd and 76th Streets - since you will still have to walk your sorry ass a good distance to get to the 2nd Avenue Subway OR the Lexington Avenue Subway.

I don&#039;t want to come across as being rude or crude, but, again, the logic, numbers and reasoning behind this 14 block &quot;gap&quot; is so frustratingly obvious to me, as an Upper East Side Resident who actually lives in this affected area.

I truly beleive not putting a stop at ~79 Street on the New Second Avenue Subway is an amazingly foolish &quot;squandering&quot; of a truly historic opportunity.</description>
		<content:encoded><![CDATA[<p>Once again, this highlights one of the concerns that I have over the 14 block &#8220;gap&#8221; between the proposed 86th Street and 72nd Street Stations of the 2nd Avenue Line.</p>
<p>This 14 block area is already so densely populated, there is no great incentive or advantage to touting the &#8220;longer stations&#8221; with their &#8220;increased number of entry points&#8221; that the 2nd Avenue Subway will accommodate &#8211; OR &#8211; the effect / influence that this might have on Real Estate Valuations in this particular part of the Upper East Side neighborhood.</p>
<p>Forget the rhetoric, deal with the reality: I LIVE on 77th and 3rd Avenue. I USE the 77th Street Stop on the Lexington Avenue Line. Which proposed 2nd Avenue Subway stop do you think a person who lives on 77th Street and, say, 1st Avenue or York Avenue, should use?</p>
<p>That&#8217;s why, in my earlier, detailed post I floated the idea / asked the question why there wasn&#8217;t a ~79th Street Station planned for the 2nd Avenue Subway?!</p>
<p>So, to address this thread specifically, all I would say to anybody who is reading this post and is contemplating about speculating with Upper East Side real estate between 86th and 72nd Streets &#8211; don&#8217;t be fooled and overpay if you speculate &#8211; especially between 82nd and 76th Streets &#8211; since you will still have to walk your sorry ass a good distance to get to the 2nd Avenue Subway OR the Lexington Avenue Subway.</p>
<p>I don&#8217;t want to come across as being rude or crude, but, again, the logic, numbers and reasoning behind this 14 block &#8220;gap&#8221; is so frustratingly obvious to me, as an Upper East Side Resident who actually lives in this affected area.</p>
<p>I truly beleive not putting a stop at ~79 Street on the New Second Avenue Subway is an amazingly foolish &#8220;squandering&#8221; of a truly historic opportunity.</p>
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		<title>By: Mark the Shark</title>
		<link>http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-711</link>
		<dc:creator>Mark the Shark</dc:creator>
		<pubDate>Mon, 18 Jun 2007 21:53:30 +0000</pubDate>
		<guid isPermaLink="false">http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-711</guid>
		<description>The stations are still spaced considerably far apart for Manhattan subway stations.

Stations typically are spaced from 6-10 streets apart (below 125th Street), but here you have 10 and 14 blocks between stations. Stations are very pricey to build and considerably controversion given that they claim some real estate. Also, these stations will be like the last few that the MTA have built, in which they will be buried WAY below ground - this is no cut and cover operation like the 1900s.

A successful Bus Rapid Transit route on 1st and 2nd Avenues may have as much to do with the appreciation of value for many properties on the East Side as the 2nd Avenue subway.</description>
		<content:encoded><![CDATA[<p>The stations are still spaced considerably far apart for Manhattan subway stations.</p>
<p>Stations typically are spaced from 6-10 streets apart (below 125th Street), but here you have 10 and 14 blocks between stations. Stations are very pricey to build and considerably controversion given that they claim some real estate. Also, these stations will be like the last few that the MTA have built, in which they will be buried WAY below ground &#8211; this is no cut and cover operation like the 1900s.</p>
<p>A successful Bus Rapid Transit route on 1st and 2nd Avenues may have as much to do with the appreciation of value for many properties on the East Side as the 2nd Avenue subway.</p>
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		<title>By: Dan</title>
		<link>http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-712</link>
		<dc:creator>Dan</dc:creator>
		<pubDate>Mon, 18 Jun 2007 20:05:41 +0000</pubDate>
		<guid isPermaLink="false">http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-712</guid>
		<description>You should do an analysis of how housing values near the subway line improved relative to other neighborhoods that either already had one or that didn&#039;t have one. All housing prices everywhere went up substantially from &#039;03 to now</description>
		<content:encoded><![CDATA[<p>You should do an analysis of how housing values near the subway line improved relative to other neighborhoods that either already had one or that didn&#8217;t have one. All housing prices everywhere went up substantially from &#8217;03 to now</p>
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		<title>By: Benjamin Kabak</title>
		<link>http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-708</link>
		<dc:creator>Benjamin Kabak</dc:creator>
		<pubDate>Mon, 18 Jun 2007 16:07:25 +0000</pubDate>
		<guid isPermaLink="false">http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-708</guid>
		<description>&lt;em&gt;In other words, properties between East 77th and East 82nd and East 89th to East 92nd Streets on the Far East Side of Manhattan will have very little benefit from the 2nd Avenue subway.&lt;/em&gt;

I disagree. These stations all have multiple entrances planned. You&#039;ll be able to access the stations at 69th St., 2nd Ave. between 83rd and 84th Sts. and 94th St, respectively. Plus, these stations are significantly closer to those Far East Side areas than the current Lexington Ave. lines.

Sure, Second Ave. real estate will enjoy the greatest benefits and make for the best investments. But I have a hard time believing this line won&#039;t impact the entire East Side market.</description>
		<content:encoded><![CDATA[<p><em>In other words, properties between East 77th and East 82nd and East 89th to East 92nd Streets on the Far East Side of Manhattan will have very little benefit from the 2nd Avenue subway.</em></p>
<p>I disagree. These stations all have multiple entrances planned. You&#8217;ll be able to access the stations at 69th St., 2nd Ave. between 83rd and 84th Sts. and 94th St, respectively. Plus, these stations are significantly closer to those Far East Side areas than the current Lexington Ave. lines.</p>
<p>Sure, Second Ave. real estate will enjoy the greatest benefits and make for the best investments. But I have a hard time believing this line won&#8217;t impact the entire East Side market.</p>
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		<title>By: Mark the Shark</title>
		<link>http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-707</link>
		<dc:creator>Mark the Shark</dc:creator>
		<pubDate>Mon, 18 Jun 2007 15:59:37 +0000</pubDate>
		<guid isPermaLink="false">http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-707</guid>
		<description>With stations at East 72nd, 86th and 96th Streets opening 2013 at least, you&#039;re best investment would be around those stations.

In other words, properties between East 77th and East 82nd and East 89th to East 92nd Streets on the Far East Side of Manhattan will have very little benefit from the 2nd Avenue subway.</description>
		<content:encoded><![CDATA[<p>With stations at East 72nd, 86th and 96th Streets opening 2013 at least, you&#8217;re best investment would be around those stations.</p>
<p>In other words, properties between East 77th and East 82nd and East 89th to East 92nd Streets on the Far East Side of Manhattan will have very little benefit from the 2nd Avenue subway.</p>
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		<title>By: guestofaguest</title>
		<link>http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-710</link>
		<dc:creator>guestofaguest</dc:creator>
		<pubDate>Fri, 15 Jun 2007 15:47:50 +0000</pubDate>
		<guid isPermaLink="false">http://secondavenuesagas.com/2007/06/15/beijing-project-highlights-real-estate-value-of-second-ave-subway/#comment-710</guid>
		<description>very interesting observation...could be very good investment opportunity.</description>
		<content:encoded><![CDATA[<p>very interesting observation&#8230;could be very good investment opportunity.</p>
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