A New Law Increases Traffic Safety In NYC And Benefits Local Real Estate

A new landmark court ruling allows traffics victims to sue the city for damages.

By Jeff Vasishta January 10, 2017

If you get injured in a traffic accident on NYC’s streets, you now have someone to point the finger at. NYC’s Court of Appeals ruled that the City can now be held liable for reckless driving and traffic injuries.

The landmark ruling stems from a 2004 crash. A 12 year-old boy on a bike was struck in Brooklyn by a car traveling at 54 miles per hour. The speed limit in that zone 30 mph zone. The boy, Anthony Turturro, received $20 million in damages. Despite the City’s appeal, the court upheld the award. What proved a winning hand for Turturro’s lawyers was documented proof that Gerritsen residents had asked the City on numerous occasions to install a number of safety measures along the street—which they described as a “racetrack”.

RelatedRestoration Of Crumbling Mansion In Mexico City Makes Coworking Cooler Than Ever

The ruling makes sense not only for safety reasons, but because NYC has modernized and updated itself in so many other areas. Crime is down, green buildings and dedicated bike lanes are up. Safe streets fit NYC’s new ecologically sound, family friendly brand. The City attempted to keep this in mind with its Vision Zero initiative, aimed at decreasing traffic accidents. Narrowing increasing stop lights, pedestrian crossings, and cycling initiatives all help to slow the traffic flow.

From a real estate perspective, it makes perfect sense, too. People prefer pedestrian friendly cities. One of the worst stretches of road in NYC for traffic fatalities also happens to be an area of rampant gentrification. In Northern Boulevard and Woodside dozens of people have been killed or hurt in traffic accidents in the last few years.

RelatedFeeling Safe In Your New Co-op? One Thing That Gentrification Won’t Take From You Is NYC’s Street Gangs

Last year, the city took measures to improve traffic safety, building more than a dozen pedestrian islands. It also installed crosswalks and banned left turns at some intersections. Northern Boulevard is a “priority corridor” under Mayor de Blasio’s Vision Zero plan.

Manhattan prides itself on being one of the most walkable big places on the planet. But it still has a way to go to catch up to being as bike friendly as Copenhagen or Amsterdam. In fact, NYC doesn’t even feature in the top 20. Being foot AND bike friendly—is that asking too much?

Jeff Vasishta



Jeff is a writer, husband and father but not necessarily in that order. As a music journalist he counts Prince, Beyonce and Quincy Jones amongst those he’s interviewed. He's also owned and flipped homes in Brooklyn, NJ, CT and PA.

    Stefano Boeri, the architect mastermind behind the famous plant-covered skyscrapers, is now designing Forest Cities in Liuzhou, China. #ForestCity #China
    Auction is the second scheduled in a month for a One57 unit and it could set a NYC foreclosure record. #BillionairesRow #Foreclosures
    Once a couch-surfing website, Airbnb moves on to luxury properties, further disrupting hospitality industry. #Airbnb #Luxury
Four Countries To Retire In With $200K In Savings—And How Much Real Estate Costs There
Ever dreamed of retiring abroad? You know, affordable healthcare, better climate, more positive news—becoming an expat seems like an enticing option, especially one you no…
While Other Real Estate Platforms Start Charging Agents $3-Per-Day Exposure Fee, Agorafy Remains Accessible To All
Real Estate searching platform are always finding news ways to diversify their revenues models. Case in point—on Tuesday July 18, Streeteasy, one of New York…
Is Real Estate Crowdfunding The Fix That Urban Housing In America Really Needs?
Saving money for a down payment? One can only hope. Most millennial in their twenties or thirties are mortified that they might never be able…
Brooklyn And Queens’ Real Estate Sub-Markets Continue Their Ascent To The New Heights
So, the sales prices in Brooklyn and Queens hit record highs. Again. Just like they did in December 2016 and at the end of this…
The Economy Of Car Services And Delivery Apps Might Be Making NYC Less Eco-Friendly
Living in an eco-friendly neighborhood is a good thing. And, as it always the case with the good things, it also costs more. High rents…
Building Communities: What The U.S. Developers Should Learn From Soho China
As our world emerges into the new period of globalization and technology, some of the most important by-products of this process are buildings that have…
Five Reasons Why All Entrepreneurs Must Keep Their Eyes On China
It is hard to overestimate the importance of Chinese influence on the modern global economy. Carving out a place in Chinese market and winning over…
Airbnb Up Their Game With A New Luxury Tier Featuring Mansions And Villas
Airbnb is about to seriously up their game. First, the company started testing a new service called Select in an attempt to push accommodation listings…