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From Abroad

After a six day swing from New York through London and Paris, here are some disparate observations and takeaways:

By Jonathan D. Miller | Updated on February 07, 2008

After a six day swing from New York through London and Paris, here are some disparate observations and takeaways:

Rail and subway links within and between major Euro capitals and their airports put major U.S. cities to shame. We continue to fall further behind in our ability to move people and goods around and between our congested metros, and that spells long-term issues for real estate markets.  Earlier this week, a French company just introduced the prototype for a train that will travel at 225 miles an hour.  America does not have tracks or dedicated rail lines to accommodate high speed trains.  Amtrak’s so-called Acela Express in the Northeast corridor can run for spurts over 100 mph, but that’s all. 

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