Brooklyn-Manhattan Transit Corporation
Overview
Holding company
A holding company is a company or firm that owns other companies' outstanding stock. It usually refers to a company which does not produce goods or services itself; rather, its purpose is to own shares of other companies. Holding companies allow the reduction of risk for the owners and can allow...
, based in Brooklyn
Brooklyn
Brooklyn is the most populous of New York City's five boroughs, with nearly 2.6 million residents, and the second-largest in area. Since 1896, Brooklyn has had the same boundaries as Kings County, which is now the most populous county in New York State and the second-most densely populated...
, New York City
New York City
New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, and incorporated in 1923. The system was sold to the city in 1940 and today, together with the IND subway system
Independent Subway System
The Independent Subway System , formerly known as the Independent City-Owned Subway System or the Independent City-Owned Rapid Transit Railroad, was a rapid transit rail system in New York City that is now part of the New York City Subway...
, form the B Division
B Division (New York City Subway)
The B Division is a division of the New York City Subway, consisting of the lines operated with services designated by letters , in addition to the Franklin Avenue Shuttle and Rockaway Park Shuttle...
of the New York City Subway
New York City Subway
The New York City Subway is a rapid transit system owned by the City of New York and leased to the New York City Transit Authority, a subsidiary agency of the Metropolitan Transportation Authority and also known as MTA New York City Transit...
. The original BMT routes form the , , , , and trains, as well as the Franklin Avenue Shuttle, with the ex-IND
Independent Subway System
The Independent Subway System , formerly known as the Independent City-Owned Subway System or the Independent City-Owned Rapid Transit Railroad, was a rapid transit rail system in New York City that is now part of the New York City Subway...
, and using some former BMT trackage in Brooklyn, as does a short section of the in Queens.
