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Abraham Brower established New York City's first public transportation route, a 12-seat stagecoach called "Accommodation" that ran along Broadway from the Battery to Bleecker Street.
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New York City's he city's first regular elevated railway service began.
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The city decided to have the new subway municipally owned by privately operated, resulting in the formation of the Board of Rapid Transit Commissioners. On November 15, 1899, a 60-day bidding period opened.
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On January 15, 1900, John B. McDonald, backed financially by August Belmont, won the bid to build the city's first subway for 35 million dollars.
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On March 24, 1900, Mayor Robert Anderson van Wyck broke ground in front of City Hall for the IRT East Side Line.
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Halfway through the building of the subway line, in 1902, the Interborough Rapid Transit Co. took over the supervision of the construction work as an operating lessee.
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By September 1, 1904, the power was on for trial runs of the IRT East Side Line.
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By October 23, 1904, newspapers announced service would officially begin the following Thursday.
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The IRT East Side line began offering full service at 5 cents a ride.