Legislation sponsored by Senator Nicholas Scutari and Senator Tom Kean Jr., which would require NJ Transit to conduct a feasibility study on restoring the one-seat ride from the Raritan Valley Line to New York City, passed the Senate Transportation Committee today.
The Regional Plan Association conducted a study on the impact the one-seat ride service into Manhattan has on the towns surrounding the rail line. The study revealed that towns are more desirable to commuters and see increases in their residential property values. These towns greatly benefit as well; salaries for jobs in Manhattan are 60% higher than the same jobs in New Jersey. This consumer spending correlates to strong local economies with healthy business districts, and attract new businesses to these towns.
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