"The tax revenue productivity ratio characterizes one of the important trade-offs involved in devoting large areas of land in the center of a city to surface parking. This paper shows that a substantial consequence of parking consuming a large proportion of land in cities is the loss of significant amounts of potential tax revenue."
Taken from the research paper titled “THE EFFECTS OF URBAN FABRIC CHANGES ON REAL ESTATE PROPERTY TAX REVENUE: EVIDENCE FROM SIX AMERICAN CITIES”
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THIS SURFACE PARKING LOT CANCER HAS TO BE STOPPED. NEWARKIANS, LETS STAND TOGETHER AND VOICE OUR DISGUST AGAINST THIS NEIGHBORHOOD DESTROYER. WE DESERVE BETTER PLANNING BY THIS CITY.
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