On March 2, 1857 the trustees took repossession, ending the operation by the B&P.The East Thompson Railroad leased the line, reopening it again in full for about a year before another failure.That same year, the branch to Southbridge (part of the original Southbridge and Blackstone charter) opened.

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At that time, all but the original Dedham-Blackstone line and Medway Branch were closed until 1867.

The closed lines were sold in November 1858 to the Midland Railroad, but were not operated due to bad condition.

The Midland Railroad was incorporated May 2, 1850 to build a new entrance to Boston, merging with the existing one south of Dedham.

The two companies were consolidated with the Norfolk County Railroad on December 12, 1853 to form the Boston and New York Central Railroad, which had the intent of continuing southwest through Connecticut all the way to New York City.

The first section of this extension was incorporated in May 1853 as the East Thompson Railroad, forming the Connecticut portion of the Southbridge and Blackstone.

The extension from Blackstone southwest to Mechanicsville, Connecticut on the Norwich and Worcester Railroad was completed in 1853.

On May 1, 1849 the Southbridge and Blackstone Railroad was incorporated to extend the line west from Blackstone to Southbridge.

On its way to Douglas, this railroad passed through Ironstone, where there was a factory that made Kentucky Blue Jeans, and a nearby iron forge.

Today, most of the original New York and New England lines have been abandoned; however a portion in Massachusetts is now part of the MBTA's Franklin Line providing commuter rail service to South Station in Boston.

The Connecticut Southern Railroad operates freight service on a small portion of the former NY&NE line near East Hartford and Manchester, Connecticut.

The Providence and Plainfield Railroad, chartered in June 1846, would run from Providence to the Rhode Island/Connecticut state line.