Rapid Transit Operations Of The BRT And BMT
Starting in 1899, the Brooklyn Rapid Transit Company (BRT; 1896–1923) and Brooklyn–Manhattan Transit Corporation (BMT; 1923–1940) operated rapid transit lines in New York City — at first only elevated railways and later also subways.
Until 1907, these lines were leased to the Brooklyn Heights Railroad, which also operated the BRT's surface transit lines. In 1907, the lease of the Brooklyn Union Elevated Railroad was canceled, and this company began to operate most of the rapid transit lines. A new company, the New York Consolidated Railroad, was formed in 1912 as the rapid transit operating subsidiary, and that same year the New York Municipal Railway was formed to enter into Contract 4 of the Dual Contracts with the city, under which the BRT gained subways and elevated extensions.
In 1923, as part of the reorganization of the BRT into the BMT, the two companies were merged to form the New York Rapid Transit Corporation; the Brooklyn and Queens Transit Corporation was similarly formed in 1929 as the surface transit subsidiary. When the New York City Board of Transportation took over the BMT in 1940, the company ceased to operate.
Read more about Rapid Transit Operations Of The BRT And BMT: BRT (1899–1923), BMT (1923–1940), Divisions, After 1940
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