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A Train Grows in Brooklyn

Date Published
December 11, 2025
Section
In the Media
Areas of Expertise
Economy & Policy Real Estate
From:
CBS In the News

Bloomberg News reporter Benjamin Schneider highlighted research and analysis from Columbia Business School Professor Stijn Van Nieuwerburgh in a feature on New York City’s proposed Interborough Express transit line. Van Nieuwerburgh discussed how major transportation investments have historically reshaped economic activity across the city’s boroughs, influencing housing demand, commercial development, and neighborhood growth over decades. He explained that improved cross-borough connectivity—particularly between Brooklyn and Queens—could unlock new labor-market access and rebalance development patterns, underscoring how infrastructure plays a central role in long-term urban evolution.

 

Mentioned Faculty

Photo of Professor Stijn Van Nieuwerburgh

Stijn Van Nieuwerburgh

Earle W. Kazis and Benjamin Schore Professor of Real Estate
Finance Division
Earle W. Kazis and Benjamin Schore Professor of Real Estate
Paul Milstein Center for Real Estate
Co-Director
Paul Milstein Center for Real Estate
Mentioned On
Bloomberg
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