[PRCo] Re: PRT - PTC -SEPTA Luzerne Car House

[Richard Allman]

in hte area of Luzerne you could probably buy a whole block of houses for 
half that now: a distinctly downscale area-very popular w/ the streetcorner 
pharmacists, aka drug dealers. Excellent customers of the Einstein Knife and 
Gun Club!
----- Original Message ----- 
From: "Fred Schneider" <fwschneider at comcast.net>
To: <pittsburgh-railways at dementia.org>
Sent: Wednesday, May 30, 2007 8:50 PM
Subject: [PRCo] PRT - PTC -SEPTA Luzerne Car House


>
> I just ran across an announcement that Philadelphia Rapid Transit
> planned to build the Luzerne Car House in order to provide a home for
> all those brand new Nearside Cars.  For those of you who don't
> remember the facility at 10th and Luzerne,  it was about as wide and
> a lot deeper that Craft Avenue in Pittsburgh.
>
> The estimated construction costs back in the summer of 1912 was
> $500,000.
>
> They build single family homes in this neighborhood for that kind of
> money today.
>
> Explains, doesn't it, why the trolley companies wanted to just pay
> the interest on their bonds and then pay off the principal with
> inflated dollars years later.
>
>