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NYC-WTC_000187725
Label derived from the City's folder field. The City does not supply document titles.NYC-WTC_000187725–000187867Page image
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OCR status: ok · source: pdftotext
NYC 9/11 Public Portal Document
109
Table 4.6 A 10% Decrease in All Rail Commuting Times; Changes in Benefits Change in Benefits
Change of %change Benefit Level Share(%) I ! Housing Consumer Surplus $2,073,296,896/year 0.19 99.82 = $550/worker/year Producer Surplus -$46,990,336/year -0.50 = -$12.74/house/year
Total Rent -$47,798,496/year -0.31 = -$12.96/house/year I Commercial Producer Surplus $4,159,488/year 0.38 0.18 = $0.02/sq ft/year
Total Rent $6,229,103/year 0.38 = $0.036$/sq ft/year
Total Benefit = $2,030,466,048/year = $538/worker/year = $550/house/year = $1.34/trip
Equilibrium Simulation 4; A Decrease in Bus Commuting Times Simulation 4 demonstrates that a similar effect occurs when a 10% decrease is applied to bus commuting times. The only positive. source of value capture is the commercial floor space, as shown in Table 4.7. On the benefit side, a comparison is also shown with a 5% decrease in bus commuting times in Table 4.8.
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CITY_21MC100_006662340
NYC-WTC_000187840
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NYC-WTC_000187840Source: NYC Law Department, mirrored locally
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