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Posts Tagged ‘Metropolitan Transportation Authority’

The MTA’s Escalating Cost Crisis: Answers to Questions About the Metropolitan Transportation Authority’s Finances

Wednesday, August 9th, 2017
MTA Revenues and Subsidies

Even as the MTA’s revenues have increased over the decades, its costs to operate subways, buses, and commuter rails have outpaced these gains. Over little more than a decade, the MTA’s costs, excluding debt service, have outpaced inflation by 50%. This fundamental imbalance prevents the state from providing New Yorkers with the transit service that a growing city demands. Below are answers to some questions about the transportation authority’s finances.

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The Human Cost of Subway Delays: A Survey of New York City Riders

Thursday, July 20th, 2017
Chart 1: How would you grade subway service in recent months?

As the findings make clear, when New Yorkers are left stranded on the subway platform or stuck in a tunnel, they are missing classes and job interviews and doctor’s appointments. They are running late to pick up or drop off their children or care for elderly relatives. They are losing wages and putting their jobs in jeopardy. In short, when subway performance declines, so too does the health, financial security, and quality of life of everyday New Yorkers.

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New York City: Invest in MTA Green Bonds

Monday, April 25th, 2016
New York City: Invest in MTA Green Bonds

Investors can now help the MTA system grow with MTA Green Bonds!

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New York City: Chris Sickels and The Blowing Bowler

Wednesday, March 16th, 2016
New York City: Chris Sickels and The Blowing Bowler

Illustrator Chris Sickels talks about “The Blowing Bowler”, a stop-motion animation video, now screening at the Fulton Center. The animation depicts a brief history of New York City’s subway car designs as a man pursues his wind-tossed bowler hat in a subway station. –mtainfo on YouTube

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NYC: A Tour of Harold Interlocking, the Nation’s Busiest Railroad Junction

Monday, September 14th, 2015
NYC: A Tour of Harold Interlocking, the Nation’s Busiest Railroad Junction

In this update, you’ll learn about recent and upcoming work at Harold Interlocking, the nation’s busiest railroad junction.

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New York City: Enough already—fund the MTA capital plan

Monday, August 24th, 2015

Recently the New York state legislative session ended without the funding of the Metropolitan Transportation Authority’s desperately needed capital plan. What a shame…The upkeep, integrity, safety and functionality of the MTA affect all New Yorkers. Without the MTA, our economy, upstate and downstate, would simply not be solvent. A large percentage of state revenue can be attributed to the profits, jobs and taxes generated by the transit system. That revenue translates into critical funding and services that benefit every New Yorker.

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New York City: Communications-Based Train Control (CBTC)

Friday, July 24th, 2015
New York City: Communications-Based Train Control (CBTC)

Learn all about CBTC, the future of the New York City Subway.

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NYC: Introducing the Fulton Transit Center

Friday, November 14th, 2014
NYC: Introducing the Fulton Transit Center

Learn all about the Fulton Center, the new gateway to Lower Manhattan.

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NYC Marathon 2014: Verrazano-Narrows Bridge

Wednesday, November 5th, 2014
New York City: Verrazano-Narrows, the Marathon Bridge

Now celebrating its fiftieth year, MTA Bridges and Tunnels’ Verrazano-Narrows Bridge has been the starting point for the NYC Marathon since 1976. MTA congratulates the 50,564 finishers of this year’s marathon.

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New York City: Subway Station Conditions

Thursday, October 9th, 2014
Structural components and architectural components

OFFICE OF THE NEW YORK STATE COMPTROLLER
The New York City subway system includes 468 passenger stations, which are used by 5.5 million riders each weekday. The system is operated by New York City Transit (NYCT), the largest subsidiary of the Metropolitan Transportation Authority. Over the past 32 years, NYCT has renovated 241 subway stations at a cost of $4.5 billion as part of its station rehabilitation programs. Under these programs, each station was fully renovated to a state of good repair, including structural and architectural components. Once the work was completed, however, NYCT moved on to the next station for rehabilitation without committing the resources to maintain the renovated stations.

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