This study aims to improve our understanding of the determinants of land values in large cities. We use two methods to recover land values. First, we rely on so-called teardown sales, which occur when a buyer purchases a property intending to demolish the existing structure and rebuild. As...

Frontmatter -- Preface -- Contents -- I. Introduction -- II. New York’s Modern Transit Facilities -- III. An Approach to a Study of Land Values in New York City -- IV. The Downtown Business Area -- V. The Midtown District -- VI. The Central Park Area -- VIII. North of 96th Street -- VIII....

Many transport technologies cause a gnot]in]my] backyard (NIMBY) reaction of locals in that they often oppose the nearby location of necessary infrastructure despite benefiting from greater mobility. We employ quasi] experimental research methods to disentangle the offsetting noise and...