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When the New York City Transit Authority was created in July 1953, the fare was raised to 15 cents (equivalent to $1.71 in 2023) and a token was issued. [90] In 1970 the fare was raised to 30 cents. [91] This token is 23mm in diameter with a Y cut out, and is known as the "Large Y Cutout".
Mass transit ridership in New York City is down roughly 40% from before the pandemic. Transit fares before the pandemic accounted for some 38% of the MTA’s $17 billion in annual revenue.
In April 1986, the New York City Transit Authority began to study the possibility of eliminating sections of 11 subway lines because of low ridership. The segments are primarily located in low-income neighborhoods of the Bronx, Brooklyn and Queens, with a total of 79 stations, and 45 miles of track, for a total of 6.5 percent of the system.
NJ Transit plans to raise train and bus ticket fares by 15% on Monday, according to a proposal that was approved back in April. Fares will be raised by 3% each year after that. The proposal calls ...
In New York City, a planned congestion pricing scheme would charge vehicles traveling into or within the central business district of Manhattan. This disincentivizing fee, intended to cut down on traffic congestion and pollution, was first proposed in 2007 and included in the 2019 New York state government budget by the New York State Legislature.
New York's public transit system will stop work on a planned subway line expansion and retreat from other maintenance and improvement projects because of a $16.5 billion shortfall caused by Gov ...
The Metropolitan Transportation Authority (MTA) provides local and express bus, subway, and commuter rail service in Greater New York, and operates multiple toll bridges and tunnels in New York City. The Metropolitan Transportation Authority ( MTA) is a public benefit corporation responsible for public transportation in the New York City ...
David Crisci, a Park Ridge resident who commutes to New York City, noted NJ Transit riders would see a bigger annual rate hike by percentage than the 600 or so companies in New Jersey, like Amazon ...