Impact of Rapid Transit on the Residential Market in Hudson County, New Jersey
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The New York Metropolitan region is one of the most populous urban agglomerations in the world, and the single largest in North America. It is also one of the most prominent economic centers, with New York City at the epicenter of its growth. With the entire region growing rapidly over the last decade, it is essential to analyze the socio-economic changes in order to understand the impact it has on commercial real estate. With its focus on housing rentals, this study aims to highlight housing costs as a function of rapid transit over time.
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Cornell Real Estate Review
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Cornell; real estate; transit; rapid transit; rental; Hudson County; New Jersey; rail; light-rail; residential; market; residential market; impact; median; radius; hoboken; census; household; mile; transit; transportation; rapid; study; Ravi; Ravikanth Pamidimukkala
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Required Publisher Statement: © Cornell University. Reprinted with permission. All rights reserved.