The MTA May Have Halted the Subway Ridership Decline. But the Gain is Fragile.
The New York City Transit and Bus Committee of the MTA Board reported at its October 2019 meeting that weekday ridership ofContinue Reading
Category: The Mass Transit Crisis
New York’s $7 Billion IOU to MTA Comes Due
MTA officials acknowledged at their June 2019 Board meetings that the agency is borrowing money to be repaid through aContinue Reading
NYC Transit Fares vs. Other Systems
This graph from Blog Toronto on single-fare transit rides in North America show NYC Transit slightly above average but farContinue Reading
MTA Deficit 2021- $800 million- Congestion Pricing Revenue 2021 will be $ 1 billion if passed
Congestion pricing is an essential step to keep the MTA’s operations and capital plans for construction, new signals and track,Continue Reading
LIRR’s Heavy Subsidies and the Coming Debate Over MTA Funding
This fall, Governor Cuomo signed a campaign pledge with Long Island State Senate Democratic candidates, many of whom won theirContinue Reading
Stabilizing the MTA’s Rocky Finances in 2019 and Beyond
New York’s colossal and crumbling mass transit system is headed toward another cliff. This one is financial. The MTA’s just-adoptedContinue Reading
FEDERAL CORPORATE TAX CUTS JUST GAVE NEW BILLIONS TO NEW YORK BUSINESSES- WHAT ABOUT THE MTA?
There is a sudden new source of money in New York State that is getting little attention in the debateContinue Reading
THE BYFORD PLAN AND THE MTA INFORMATION DEFICIT
New York City Transit’s new president, Andy Byford, recently presented a major plan to fix the subways, called “Fast Forward,”Continue Reading
STATE BUDGET DOES HELP MASS TRANSIT, BUT MTA CAPITAL PLAN UNCERTAINTY RISING
The MTA received two significant infusions of new money in the State Budget adopted effective this April 1st. The firstContinue Reading