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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".
e. The New York City Subway is a rapid transit system in the New York City boroughs of Manhattan, Brooklyn, Queens, and the Bronx. It is owned by the government of New York City and leased to the New York City Transit Authority, [14] an affiliate agency of the state-run Metropolitan Transportation Authority (MTA). [15]
The New York City Transit Authority (also known as NYCTA, the TA, [ 2] or simply Transit, [ 3] and branded as MTA New York City Transit) is a public-benefit corporation in the U.S. state of New York that operates public transportation in New York City. Part of the Metropolitan Transportation Authority, the busiest and largest transit system in ...
Boarding New York City subways and most of its buses will cost another 15 cents before the summer is out under an MTA plan approved Wednesday that raises the base fare to $2.90. The MTA board in a ...
At the base bus and subway fare of $2.75, that’s about 180 million acts of fare evasion a year cutting into the MTA’s budget, which faces a $2.5 billion deficit come 2024.
The New York City subway carried more than 1 billion people this year, marking a major milestone in the Big Apple’s pandemic recovery. New York Gov. Kathy Hochul (D) announced that the ...
In December 2018, an urban policy think tank proposed legalizing marijuana for non-medical uses in New York state, then collecting a tax to fund the New York City transit system. [ 118 ] [ 119 ] The same month, the MTA announced that as many as four percent of subway riders and 16 percent of bus riders each day might not be paying fares ...
The COVID-19 pandemic in New York City resulted in a decline in use of the New York City Subway between March and June 2020. Following the city's partial reopening in June, a mayoral panel projected that many people would choose to drive, for fear that taking mass transit would expose them to COVID-19 , and studied congestion pricing as a ...