When Mayor de Blasio unveiled his plan for the Brooklyn-Queens Connector (BQX) in February 2016, he projected that the 16-mile streetcar route would pay for itself through increased property tax revenue garnered from neighborhoods along the route, leading opponents to dub the project “the Gentrification Express.” Now, it seems the BQX will need federal funds to meet its $2.5 Billion budget.
Without the funds, the BQX may not go forward. This is not the first setback for the project. As of January, it has missed its fourth deadline to produce a feasibility study. Right now, there is no stated date for when the city might see that study.
While this might lead casual observers to call the BQX simply unfeasible, the mayor is optimistic about the project, telling WNYC that he feels Chuck Schumer will be able to use his clout in the senate to get money earmarked for the BQX. Continue reading