Taken together, the value of all residential real estate in the town adds up to about $380 million, including single family homes and multi-family properties. Those values are only a fraction of the money that Norfolk Southern earns.
Residents protested against Norfolk Southern's response to the East Palestine train derailment Saturday.Jim Stewart was getting ready to sell his home in East Palestine, Ohio, and retire. Then came the derailment of a Norfolk Southern train on February 3, releasing toxic chemicals into the air and nearby water, and he fears crashing the value of his home,He and his wife hoped to put their three-bedroom home on the market this spring, as prices were still high and inventory was low.
Shaw was asked point blank by another resident if Norfolk Southern was ready to buy Stewart's house, he replied only, "we're going to do what's right for this community." That wasn't satisfactory for Stewart or many of the other participants at the Town Hall.Stewart works as a manager at a commercial baking company.
"At whose expense? That's the biggest issue right now," said Stewart. "At whose expense are we going to do things to make sure it's okay?" Taken together, the value of all residential real estate in the town adds up to about $380 million, including single family homes and multi-family properties. Asked by Sen. Jeff Merkley, an Oregon Democrat, at Thursday's hearing, "Will you pledge to no more stock buybacks until a raft of safety measures have been completed to reduce the risk of derailments and crashes in the future," Shaw again dodged the question by answering only with, "I will commit to continuing to invest in safety."
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Norfolk Southern balks at compensating homeowners as values expected to drop after Ohio derailmentTaken together, the value of all residential real estate in the town adds up to about $380 million, including single family homes and multi-family properties. Those values are only a fraction of the money that Norfolk Southern earns.
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Norfolk Southern balks at compensating homeowners as values expected to drop after Ohio derailmentTaken together, the value of all residential real estate in the town adds up to about $380 million, including single family homes and multi-family properties. Those values are only a fraction of the money that Norfolk Southern earns.
Baca lebih lajut »
Norfolk Southern balks at compensating homeowners as values expected to drop after Ohio derailmentTaken together, the value of all residential real estate in the town adds up to about $380 million, including single family homes and multi-family properties. Those values are only a fraction of the money that Norfolk Southern earns.
Baca lebih lajut »
Norfolk Southern balks at compensating homeowners as values expected to drop after Ohio derailmentTaken together, the value of all residential real estate in the town adds up to about $380 million, including single family homes and multi-family properties. Those values are only a fraction of the money that Norfolk Southern earns.
Baca lebih lajut »
What’s next for Norfolk Southern after Senate hearing on East Palestine, Ohio, disaster?Analysts have been weighing the impact of Thursday’s Senate hearing where Norfolk Southern CEO Alan Shaw was grilled about the East Palestine disaster.
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