Study: East Side rail link to boost some LI home values
Photo credit: Craig Ruttle | East Side Access will boost the economy of Long Island, according to a new study. Above, Vince DeNina, inspector on the East Side Access tunnel project, walks along work tracks of Tunnel B/C in Queens.
Property values for homes near Long Island Rail Road stations will jump by an average of $7,300 as commutes become easier when the LIRR completes its East Side Access link to Grand Central Terminal, according to a study released Monday.
In its study, "Rail Rewards: How LIRR's Grand Central Connection Will Boost Home Values," the Regional Plan Association, a nonprofit planning advocacy group,...
LIRR trains and commuters through the years