The MBTA is looking at leasing land and air rights at the Riverside Green Line terminal for housing, the Herald reports.
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Wow, the MBTA is actually
By stephencaldwell
Fri, 02/22/2008 - 2:04pm
Wow, the MBTA is actually making a somewhat sound financial decision? I'm shocked.
Air rights have the potential to make quit a bit of cash. Cornelius Vanderbilt used air rights to fund putting the tunnels to Grand Central underground. Kudos to the T.
Now, if they could just make a sound organizational restructuring, they'd be the road to recovery. And perhaps they should be more willing to tell The Hill to stuff it when they pass legislation that requires the T to build a expensive underused extension...