Hipsters need another mass transit line: Brooklyn-Queens Streetcar Still a Go but Needs $1 Billion Federal Boost

Before Brooklyn was overrun by trustafarians from suburban Connecticut.

 

And guess what, FEDERAL taxpayers, YOU, get to pay for this little project. On an ongoing basis. Why? Because New York real estate developers want their property values to increase. That’s it. The hipsters don’t want to go on the horrible subway.

(From The Wall Street Journal)

The project has been pushed by real-estate interests along the waterfront, who would see their property values increase with the construction of the streetcar.

The Friends of the Brooklyn-Queens Connector, a real estate-backed nonprofit that supports the project, has spent at least $280,000 lobbying city officials regarding the project since 2016.

Click here for the article.

Source

"City Says Brooklyn-Queens Streetcar Still a Go but Needs $1 Billion Federal Boost." Paul Berger and Katie Honan, WSJ.com, 2018-08-30.

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About Nick Sorrentino

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Nick Sorrentino is the co-founder and editor of AC2NEWS.com and AgainstCronyCapitalism.org. He is also the founder of TheSorrentino.com. A political and communications consultant whose clients have spanned the political spectrum, his work has been featured at Chief Executive Magazine, Reason.com, NPR.com, Townhall, The Daily Caller, and many other publications. He has spoken at CPAC, The Commit Forum, The Atlas Summit, The US Chamber of Commerce, The National Press Club, and at other venues. Sorrentino is the Founder of Exelorix Consultants and a senior fellow at Future 500. He is also the author of the book Politicos, Predators, Payoffs, and Vegan Pizza. A graduate of Mary Washington College he lives just outside of Washington DC where he can keep an eye on Leviathan.