Light Rail Credited With Mini Real Estate Boom
By admin on Thursday, November 10th, 2005 at 10:36 am
Amid rumors of living in a real estate bubble, the Hudson Bergen Light Rail is being credited with further inflating property values along its route. Hoboken’s seedy underbelly below the Palisades has been cited as an example of how the rail line is bringing revitalizing to many areas that otherwise would still be decrepit industrial sites. All we can say is: “obviously”. Meanwhile, we’re still left to wonder though why there is no talk of building additional light rail lines.
