L Train

Bushwick, Greenpoint, real estate trends, Transportation, Williamsburg

G train, NYC subway

G Train at Court Square via Wikipedia

In response to the looming 15th-month L train shutdown, which will affect its nearly 225,000 daily riders beginning April 2019, real estate developers have started looking at Williamsburg’s hip and slightly cheaper neighbors, Greenpoint and South Williamsburg. Both areas sit nearby the G, J, M and Z trains, and in the past have offered a variety of housing options at cheaper prices. According to the New York Times, as developers begin their plunge into Greenpoint, sites along these train lines have become pricier and more difficult to lock down.
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City Living, Transportation

It’s official. The Metropolitan Transit Authority board voted to approve a 15-month shutdown of the L train on Monday, instead of the originally proposed 18 months. The Board also awarded a $477 million contract to Judlau Contracting and TC Electric, who will responsible for repairing the train’s Canarsie Tunnel, which suffered severe flooding damage after Hurricane Sandy (h/t WSJ). The planned shutdown is set to begin in April 2019 and cuts all L train service between Bedford Avenue in Williamsburg and Eighth Avenue in Manhattan.

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City Living, Transportation

14th Street, NYC subway commute

Finally, there’s some good news for the nearly 225,000 daily L train riders commuting to Manhattan. This weekend the Metropolitan Transit Authority announced that the Canarsie tube, which carries the L train between Manhattan and Brooklyn, will be closed for 15 months instead of 18, three months ahead of schedule. As reported by the Daily News, the MTA plans to begin rehabilitating the tunnel in April of 2019.

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Manhattan, Transportation, Williamsburg

A month ago, U.S. Congresswoman Carolyn Maloney, City Councilman Stephen Levin, and State Assemblyman Joseph Lentol drafted a letter to the Mayor, urging him to advocate for the East River Skyway as a solution for the impending L train shutdown. Building on this momentum, a digital petition addressed to de Blasio has launched on Change.org where the public can show their support for the plan, as well.

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Manhattan, Transportation, Williamsburg

DAN LEVY, EAST RIVER SKYWAY, GONDOLAS, NYC GONDOLAS, ROOSEVELT ISLAND TRAMWAY

It looks like the East River Skyway is getting a big boost from local elected officials. Three politicians have jumped on the idea, including U.S. Congresswoman Carolyn Maloney, City Councilman Stephen Levin, and State Assemblyman Joseph Lentol. The trio together drafted a letter to Mayor de Blasio, encouraging him to back the transit initiative as a solution to impending L train closure. “This is the coolest thing we could do for the neighborhood,” Lentol, told DNA Info. “I don’t want to denigrate the BQX but this is even a greater plan to have a gondola going from Brooklyn to Manhattan forever.”

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Brooklyn, Transportation

An unlikely hero has emerged to save straphangers from the brunt of yet another MTA closure: the L train. In a statement released this morning by the transit agency, beginning June 2017, another 50 roundtrips will be added to the L line while repairs are undertaken on the M line at the Myrtle Avenue stop in Bushwick.

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Transportation

One of many ideas to mitigate the forthcoming L train shutdown in 2019 (in addition to others such as the East River Skyway, more bike lanes, and even an inflatable tunnel) is to shut down 14th Street to vehicular traffic and make it a bus-only zone. The idea was first presented in June by State Senator Brad Hoylman, and now he and a group of his government colleagues have won a request to the MTA for a traffic feasibility study of the proposal that they say will “relieve congestion and improve traffic flow.”

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Transportation

The MTA plans to announce today that the long-dreaded L train shutdown for repairs needed on the Canarsie tunnel that runs beneath the East River will commence in 2019 and take the line out of service from Manhattan to the Bedford Avenue station in Brooklyn for 18 months, as reported by the New York Times. The 18-month option was the expected choice, the alternative being a partial three-year shutdown that would give about one in five passengers service to Manhattan (20 percent of current service). The agency needs to do major repairs on damage done by the 2012 superstorm Sandy, and while the tunnel is “not in grave danger of collapse,” according to the MTA, it can’t go untreated. As 6sqft previously reported, night and weekend service is off the table because of the amount of work that needs to be done, and building a third tube would be time- and cost-prohibitive.

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real estate trends, Williamsburg

NYC Subway Still Runs on 1930s Technology, NYC Subway history, subway technology, nyc subway updates,metropolitan transit authority, MTA's five-year capital program

Since word broke that the L Train would be shutting down for upwards of a year, many have been wondering just how this would affect real estate prices in the immediate term. Well it looks we may finally be getting a taste. As DNA Info first reports, The Real Estate Board of New York (REBNY) released their quarterly findings this week, and REBNY found that although the number of condos sales were up in Williamsburg by 43 percent this last quarter over the same time last year, the average sales price dropped a considerable 13 percent to $937,000. To put this further into perspective, for Brooklyn as a whole, REBNY recorded a nine percent rise to $923,000 over the same period; Manhattan condos by comparison grew by 21 percent to an average $2.843M.

is there anything really to this?

Lower East Side, Transportation

There’s been no lack of ideas for how to deal with the impending L train shutdown, from realistic proposals like the East River Skyway to some more out-there concepts like a giant inflatable tunnel. The latest suggestion was presented at a recent public meeting between the MTA and Manhattan’s Community Board 3. DNAinfo reports that local residents discussed taking the old underground trolley station at Delancey and Essex Streets (the same site that’s been long proposed for the Lowline) and turning it into a transportation hub for the B39 bus that operates between Williamsburg and the Lower East Side.

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