The Real Deal New York

VIDEO: The streetcar may be resurrected, and real estate developers are thrilled

The 16-mile route linking Brooklyn and Queens is estimated to cost $2.5B

February 08, 2016 04:45PM
By Alistair Gardiner

During his State of the City Address last week, Mayor Bill de Blasio announced his proposal for a San Fransisco-style streetcar system that would run between Astoria and Sunset Park. Because of its proximity to new developments along the East River, a number of major real estate players are supporting the proposal, which is estimated to cost $2.5 billion.

Watch the video above to see the proposed plans for the Brooklyn Queens Connector.

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