How Franchise Terms Impeded Private Subway Construction in New York City: Comparison with Concession Agreements for Early Subterranean Transit in Great Britain

How Franchise Terms Impeded Private Subway Construction in New York City: Comparison with Concession Agreements for Early Subterranean Transit in Great Britain
Author :
Publisher : Kyle Mark Kirschling
Total Pages : 13
Release :
ISBN-10 :
ISBN-13 :
Rating : 4/5 ( Downloads)

Book Synopsis How Franchise Terms Impeded Private Subway Construction in New York City: Comparison with Concession Agreements for Early Subterranean Transit in Great Britain by : Kyle M. Kirschling

Download or read book How Franchise Terms Impeded Private Subway Construction in New York City: Comparison with Concession Agreements for Early Subterranean Transit in Great Britain written by Kyle M. Kirschling and published by Kyle Mark Kirschling. This book was released on 2019-12-27 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: New York could have had a practical and profitable subway in operation by the 1870s—financed entirely by the private sector—had franchise terms been as liberal as those in Great Britain. Although it would not have been as technologically sophisticated as the 1904 subway, it would have been superior to the elevated railways of the time. Moreover, permitting experimentation and entrepreneurship in New York City's transportation industry would ultimately have accelerated the development of subway technology. Regardless, given the political constraints, the DBOM public-private partnership model finalized in 1900 was extremely successful. The lines built under this model comprise half of today’s New York City Subway network. Fares were low, no government subsidies were required, and investors earned high returns (until the unprecedented inflation of World War I, which could have been resolved by allowing the franchisees to raise fares with inflation).


How Franchise Terms Impeded Private Subway Construction in New York City: Comparison with Concession Agreements for Early Subterranean Transit in Great Britain Related Books

How Franchise Terms Impeded Private Subway Construction in New York City: Comparison with Concession Agreements for Early Subterranean Transit in Great Britain
Language: en
Pages: 13
Authors: Kyle M. Kirschling
Categories: Business & Economics
Type: BOOK - Published: 2019-12-27 - Publisher: Kyle Mark Kirschling

DOWNLOAD EBOOK

New York could have had a practical and profitable subway in operation by the 1870s—financed entirely by the private sector—had franchise terms been as libe
Engineering the New York City Subway
Language: en
Pages: 35
Authors: Kyle M. Kirschling
Categories: Business & Economics
Type: BOOK - Published: 2021-01-12 - Publisher: Kyle Mark Kirschling

DOWNLOAD EBOOK

Why does New York City have a subway system, and why does it have such an unusual design? Railroad engineers developed its bold and ambitious design in 1891 for
Internationalisation of Singapore F&B Companies : Critical Success Factors and Challenges
Language: en
Pages: 472
Authors: Dr James Mok
Categories: Travel
Type: BOOK - Published: 2023-04-02 - Publisher: Partridge Publishing Singapore

DOWNLOAD EBOOK

Singapore F&B companies must venture beyond Singapore for greener pastures. Venturing overseas can be successful for many, while others have failed. The key que
Sustainable Urban Transport Financing from the Sidewalk to the Subway
Language: en
Pages: 111
Authors: Arturo Ardila-Gomez
Categories: Business & Economics
Type: BOOK - Published: 2015-12-31 - Publisher: World Bank Publications

DOWNLOAD EBOOK

Urban transport systems are essential for economic development and improving citizens' quality of life. To establish high-quality and affordable transport syste
Traffic Congestion
Language: en
Pages: 202
Authors: Alberto Bull
Categories: Technology & Engineering
Type: BOOK - Published: 2003 - Publisher: Santiago, Chile : United Nations, Economic Commission for Latin America and the Caribbean

DOWNLOAD EBOOK