Comments on: Sad train is sad… https://www.iridetheharlemline.com/2013/03/01/sad-train-is-sad/ Art, history, railroad, & photography adventures from Harlem & beyond. Wed, 17 Apr 2013 17:57:05 +0000 hourly 1 By: Lee Winson https://www.iridetheharlemline.com/2013/03/01/sad-train-is-sad/comment-page-1/#comment-338093 Wed, 17 Apr 2013 17:57:05 +0000 http://www.iridetheharlemline.com/?p=8357#comment-338093 In the 1950s, property taxes were a major burden on the commuter railroads.

The Pennsylvania Railroad was paying $1,000,000 in property taxes on Penn Station alone in the 1950s. That tax burden was a contributing factor in the railroad’s decision to demolish the headhouse and build other things in its place. Likewise, the tax burden was a factor in the New York Central’s decision to have the Pan Am building built at Grand Central.

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