Railway · United States

How much was provided for New York City's first subway line, Contract 1?

The New York City Subway is the rapid transit network of New York City, with about 248 route miles today, whose first line, operated by the Interborough Rapid Transit Company, opened on 27 October 1904, so the entry has no single cost. Wikipedia's early history says Contract 1 provided USD 35 million for the total cost of the first line (equipment paid separately by the Rapid Transit Construction Company), while the USD 340 million of the earlier snapshot is the cost of automating the BMT Canarsie Line with communications-based train control, a signalling upgrade.

Contract value

$35 million

Cost basis: 1900

R46 F train leaving Smith-9th Street
Error46146 at English WikipediaCC BY 3.0

Cost evidence

Basis of the published figure

Contract value1900
Wikipedia

Project record

27 October 1904

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