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Lower Montauk Branch Passenger Rail Study (Final Report 2018) could cost over $2 Billion

Posted by gold_12th on Fri Feb 9 12:11:41 2018

News story: http://qns.com/story/2018/02/07/study-determines-passenger-service-western-queens-freight-line-possible-hefty-price-tag/

Summary: http://www.nyc.gov/html/dot/downloads/pdf/lower-montauk-exec-summary-jan2018.pdf

290 page Report: http://www.nyc.gov/html/dot/downloads/pdf/lower-montauk-final-report-jan2018.pdf


- 10 station locations: the two termini stations at Long Island City and Jamaica. Eight intermediate stations located an average of one mile apart: Greenpoint Ave, Haberman, Grand/Flushing Aves., Fresh Pond, Metro Mall, 80 St, Woodhaven Blvd, and Richmond Hill.

- Service hours: passenger service plan from 5am to 10pm, providing 6-minute peak and 15-minute off-peak headways Weekdays. Weekends 15 minutes.

- Rail cars: (15 rail car fleet) FRA-compliant, diesel-powered Diesel Multiple Unit (DMU) equipment... similar to NJ Transit Riverline rail car.

- Ridership: (potential) 21,000 weekday and 13,000 weekend daily riders; 5.8 million riders annually.

- Fare revenues are estimated at $15 million annually assuming at a $2.75 fare, a free transfer to MTA Bus or Subway

- Annual operations and maintenance costs are estimated at $55 million;

- "Capital costs while maintaining freight service on the Branch are estimated at $2.2 billion, including substantial upgrades to rail infrastructure (track, signals, communications), new running track in key areas, new freight yard space to clear track for transit operations, transit vehicles, a storage and maintenance yard for transit vehicles, and property acquisition. Eliminating freight service altogether on the Branch an option not analyzed in this study would reduce total capital costs to about $1.1 billion. Value Capture financing, using a portion of the increase in property values induced by this new transit service, could potentially fund $300 million in bonds, or roughly 27% of total projected capital costs for passenger-only rail operations on the Branch and 14% of such costs under the analyzed option of both passenger and freight rail operations."

- Queens Borough President Melinda Katz also supports the project and wants the line to be fully operational by 2030.


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