{"id":137527,"date":"2025-08-11T17:49:13","date_gmt":"2025-08-11T17:49:13","guid":{"rendered":"https:\/\/www.europesays.com\/us\/137527\/"},"modified":"2025-08-11T17:49:13","modified_gmt":"2025-08-11T17:49:13","slug":"transit-boon-or-suburban-bane-new-rail-line-poised-to-boost-property-values-but-threaten-neighborhood-charm","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/137527\/","title":{"rendered":"Transit boon or suburban bane? New rail line poised to boost property values but threaten neighborhood charm"},"content":{"rendered":"<p>The highly anticipated Interborough Express (IBX), a new light rail line poised to connect Brooklyn and Queens years from now, is already stirring attention in the NYC real estate market. While some neighborhoods along the proposed route are bracing for a surge in property values, others face the prospect of decline \u2014 at least in terms of neighborhood character, according to NYC real estate experts and community leaders.<\/p>\n<p>At about 14 miles long, the IBX, which will mostly utilize an existing freight rail line, aims to dramatically cut commute times and improve accessibility between vast swaths of Brooklyn and Queens, especially for New Yorkers who live in transit deserts with minimal access to subways. Supporters of the $5.5 billion project, which entered its design phase on July 30, argue that the future rail line will spur economic growth and make the impacted neighborhoods more attractive to business and residential property owners.\u00a0<\/p>\n<p>Real estate leaders foresee many benefits for communities located along the future train route.\u00a0\n<\/p>\n<p>\u201cI\u2019ve seen time and time again how new transit projects breathe new life into neighborhoods,\u201d Tonya Canady, a <a href=\"https:\/\/serhant.com\/agents\/tonya-canady\" target=\"_blank\" rel=\"noopener\">luxury real estate<\/a> pro, said. \u201cThe IBX is years away, but I definitely know that the impact will absolutely be felt.\u201d\u00a0<\/p>\n<p>Canady, who specializes in new development, sales and property management, said the massive transit project will open new doors for Brooklyn and Queens residents.\u00a0<\/p>\n<p>\u201cThe IBX will make Brooklyn and Queens more connected, and that means there\u2019s going to be new opportunities for homeowners, buyers and the community to grow together,\u201d she said. \u201cThat\u2019s the exciting part to watch.\u201d<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-137787033\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/map-ibx-mta-07-30-.jpg\" alt=\"\" width=\"644\" height=\"700\" title=\"IBX: Transit boon or suburban bane? New rail line poised to boost property values but threaten neighborhood charm 2\"  \/>The proposed IBX route.MTA<\/p>\n<p>The IBX line train route is shaped like a reversed letter \u201cC\u201d and will run between southern and eastern Brooklyn and Central Queens. Neighborhoods on the route include Sunset Park, Borough Park, Midwood, Flatbush, Brownsville, East New York, New Lots, Bushwick, Ridgewood, Middle Village, Maspeth, Elmhurst and Jackson Heights.\u00a0<\/p>\n<p>Each community along the IBX \u201chas its own personality\u201d<\/p>\n<p>Real estate reps explained that each neighborhood would be impacted by the IBX in different ways.\u00a0\u00a0<\/p>\n<p>\u201cEach community has its own personality, just like people do,\u201d Canady said. \u201cWhat matters most is helping people see those opportunities and any change. Some neighborhoods might need to adapt to a busier pace, but that can also mean more energy.\u201d<\/p>\n<p>For neighborhoods like Glendale, Maspeth and Middle Village, where direct access by public transit to Manhattan and other locations has historically been a challenge, the IBX is expected to be a game-changer.\u00a0<\/p>\n<p>But residents in these neighborhoods have expressed concerns about the possibility of major disruptions in their mostly suburban-like communities. Some of their concerns include possibilities of more noise and crowds. With several cemeteries flanking the route, other concerns are more personal for some Queens residents.<\/p>\n<p>\u201cMy father is buried near those tracks and they are going to disturb him and many others,\u201d local resident Debbie Hippie said.\n<\/p>\n<p>Crowds are a common concern.\u00a0\n<\/p>\n<p>\u201cIt\u2019s crowded enough as it is. We don\u2019t need another station in this neighborhood,\u201d a Glendale resident said.\n<\/p>\n<p>Other residents are looking forward to the IBX, like Jason and his family, who live in Maspeth.\n<\/p>\n<p>\u201cIt\u2019s really convenient for me,\u201d he said. \u201cI do go to the Brooklyn Army Terminal a lot and it will cut my commute. I won\u2019t have to go through Manhattan.\u201d<\/p>\n<p>Social media showed that many Brooklyn residents are welcoming to the idea of public transit connection to Queens.\u00a0\n<\/p>\n<p>\u201cIt\u2019s about time,\u201d one commenter said. \u201cNot all roads lead to Manhattan anymore.\u201d<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-137789210\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/maspeth-houses-barbara-lennon-081025.jpg\" alt=\"houses and parked cars near an elevated train line during the day\" width=\"700\" height=\"525\" title=\"IBX: Transit boon or suburban bane? New rail line poised to boost property values but threaten neighborhood charm 3\"  \/>Properties near the freight train track in Maspeth, Queens.Photo by Barbara Russo-Lennon\n<\/p>\n<p>The MTA conducted public engagement meetings in 2022 and 2023 about the project. More opportunities for comments are planned.\u00a0<\/p>\n<p>In the meantime, Queens City Council Member Robert Holden, whose district includes parts of the IBX route, called the project \u201cvague,\u201d and leaves him with more questions than answers for his constituents. One of his district\u2019s primary concerns is about upzoning \u2014 which centers around zoning changes to allow for higher buildings with higher density development in a given area.\u00a0<\/p>\n<p>\u201cSo now we are hearing that they want to upzone any area that\u2019s within a certain radius of the stations or the train,\u201d Holden explained. \u201cSo now they will put high-density or taller buildings in one-family or two-family zones. That\u2019s totally unacceptable.\u201d<\/p>\n<p>Holden said at first, he was open to hearing more about the IBX, especially as congestion increases within the city, and the NYC Department of Transportation is \u201ccreating more obstacles\u201d with less travel lanes on the road.<\/p>\n<p>But he has \u201cmore negatives now than ever\u201d about the project.\u00a0\n<\/p>\n<p>\u201cThey essentially want to change the character of our neighborhood,\u201d the council member said. \u201cWe love the fact that we can sit in our backyards and feel the sunshine on our faces. Anything that jeopardizes that, you really have to fight it.\u201d<\/p>\n<p>\u201cQuieter enclaves\u201d like Middle Village or Borough Park might \u201cfeel the pinch\u201d<\/p>\n<p>Mariya Fuzaylova, a broker at ValueTruth Real Estate, explained that it is difficult to spot outright real estate losses, as property values generally rise with transit enhancements. However, it is possible that more crowds and noise could deter families from buying in the areas, she said.<\/p>\n<p>\u201cQuieter enclaves such as Middle Village or Borough Park might feel the pinch if crowds and noise erode their suburban charm, potentially turning off families who are looking to settle down,\u201d she said.\u00a0<\/p>\n<p>Gentrification could displace longstanding locals as well, indirectly with the changes to the community, Fuzaylova added.\u00a0<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-137787080\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/interborough-express-rail-line-mta-trent-reeves-1.jpg\" alt=\"railroad tracks and locomotive near trees on the IBX line\" width=\"700\" height=\"467\" title=\"IBX: Transit boon or suburban bane? New rail line poised to boost property values but threaten neighborhood charm 4\"  \/>The Interborough Express (IBX) will be built along an underutilized freight rail line running through Brooklyn and Queens.Trent Reeves\/MTA\n<\/p>\n<p>However, experts said that having an interborough train connection could introduce tens of thousands of new homes along the route through rezoning, possibly helping to alleviate the city\u2019s housing crisis.\u00a0<\/p>\n<p>\u201cIt could unlock 70,000 or more new units along the route through rezoning, easing supply shortages in underserved areas and serving high-poverty pockets better,\u201d Fuzaylova said. \u201cFaster commutes mean more access to jobs, indirectly boosting affordability if paired with mandates for lower-income housing.\u201d<\/p>\n<p>Jamie Torres-Springer, MTA president of construction and development, shared a statement with amNewYork saying that the agency agrees with those who see the IBX\u2019s potential.<\/p>\n<p>\u201cWe strongly agree with those who see the potential for IBX to better connect Brooklyn and Queens and transform life for the 900,000 nearby residents and 260,000 nearby workers,\u201d he said. \u201cWe look forward to working with community and local leaders as the design process moves forward to plan for the future throughout neighborhoods touched by this transformative project.\u201d<\/p>\n<p>Roosevelt Avenue, Brooklyn Army Terminal, other areas are expected to see big initial gains<\/p>\n<p>Funding for the project was approved as part of the MTA\u2019s $68.4 billion capital plan for 2025-2029. It <a href=\"https:\/\/www.amny.com\/news\/interborough-express-hochul-project-brooklyn-queens\" target=\"_blank\" rel=\"noopener\">has major support from Gov. Kathy Hochul<\/a>, whose office oversees the state-run transit agency.<\/p>\n<p>The IBX is expected to provide a transit option for residents along its route, many of whom have jobs in either of the two boroughs. MTA officials said the line would connect with 17 different subway lines and the Long Island Rail Road.\u00a0<\/p>\n<p>Bypassing Manhattan, a one-way, end-to-end trip on the IBX would take less than 40 minutes.\u00a0\n<\/p>\n<p>\u201cThe IBX will quietly but fundamentally redraw how people think about moving across Brooklyn and Queens,\u201d Andrew Appell, a licensed real estate sales person at SERHANT Real Estate, said. \u201cFor neighborhoods that have felt tucked away from each other, this isn\u2019t just a transit upgrade, it\u2019s connective tissue. It creates new areas for where people can live, work, and build their lives without the gravitational pull of Manhattan dictating every decision.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-137717713\" src=\"https:\/\/www.europesays.com\/us\/wp-content\/uploads\/2025\/08\/20241029_115234.jpg\" alt=\"\" width=\"700\" height=\"525\" title=\"IBX: Transit boon or suburban bane? New rail line poised to boost property values but threaten neighborhood charm 5\"  \/>The tracks of the Bay Ridge Branch in Jackson Heights, where one day the Interborough Express might be running.Photo by Ben Brachfeld<\/p>\n<p>Todd Drowlette, managing director of TITAN Commercial Realty Group, explained that the IBX will open doors for affordable housing, as developers are currently \u201clikely quietly\u201d optioning properties and pre-planning developments.\u00a0<\/p>\n<p>\u201cBased on industry trends, affordable housing developers will build large-scale projects very close to the planned stations,\u201d he said. \u201cThey will likely be mixed-use projects bringing in additional retail like grocery stores and service-based retail.\u201d<\/p>\n<p>He added that the areas around Roosevelt Avenue, Metropolitan Avenue, Atlantic Avenue, and Brooklyn Army Terminal are positioned to see the biggest gains, first, where major hubs are already located.<\/p>\n<p>\u201cThe more options you have to connect at a stop, the larger the demand for housing you will have, Drowlette explained. \u201cThe more demand you have for housing that is satisfied, the more retailers are willing to set up shop. Supermarkets, restaurants, cafes, and service-based businesses will be attracted to these areas.\u201d<\/p>\n<p>Drowlette, who is also starring in an upcoming show on A&amp;E in October called \u201c<a href=\"https:\/\/therealestatecommission.com\/\" target=\"_blank\" rel=\"noopener\">The Real Estate Commission<\/a>,\u201d said the IBX will likely drive affordable housing in both boroughs.\u00a0<\/p>\n<p>Just recently, the U.S. Federal Housing Department announced it would expand the country\u2019s affordable housing supply by doubling the amount that Congress\u2019s Fannie Mae and Freddie Mac mortgage and loan programs can invest in low-income housing tax credit properties.\u00a0<\/p>\n<p>\u201cGiven the demand for affordable housing and lack of transportation for many residents of Brooklyn and Queens, this could be a perfect storm for Brooklyn and Queens to become the home to new, large-scale \u2014 300 to 1,000 units \u2014 affordable housing projects,\u201d Drowlette said.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"The highly anticipated Interborough Express (IBX), a new light rail line poised to connect Brooklyn and Queens years&hellip;\n","protected":false},"author":3,"featured_media":137528,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,1121,82541,82542,82543,5371,9904,405,403,5226,5225,5228,5227,58671,82544,4413,11900,67,586,132,5230,68,2969],"class_list":{"0":"post-137527","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-brooklyn","10":"tag-ibx-train","11":"tag-interborough-express-light-rail","12":"tag-jamie-torres-springer","13":"tag-kathy-hochul","14":"tag-mta","15":"tag-new-york","16":"tag-new-york-city","17":"tag-newyork","18":"tag-newyorkcity","19":"tag-ny","20":"tag-nyc","21":"tag-nyc-council-member-robert-holden","22":"tag-nyc-property-values","23":"tag-queens","24":"tag-transit","25":"tag-united-states","26":"tag-united-states-of-america","27":"tag-unitedstates","28":"tag-unitedstatesofamerica","29":"tag-us","30":"tag-usa"},"share_on_mastodon":{"url":"","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/137527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=137527"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/137527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/137528"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=137527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=137527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=137527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}