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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".
By 2017, only 65% of weekday trains reached their destinations on time, the lowest rate since a transit crisis in the 1970s. To a lesser extent, New York City buses operated by the MTA were also affected. Both the subway and the buses are run by the New York City Transit Authority (NYCTA), a subsidiary of the MTA.
The New York City Subway is a rapid transit system ... in fare increases (three times from 2008 to ... Corp. and the New York Transit Museum. Until 2017, ...
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 ...
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 ...
New York City Subway fares have been increased four times since 2008, with the most recent occurring August 20, 2023, raising single-ride fares from $2.75 to $2.90, express service from $6.75 to $7.00 and the monthly MetroCard fare from $116 to $132.
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.
This change was made as part of New York City Transit's Fare Deal, which sought to increase transit ridership by improving service. The change was proposed in November 1993, and public hearings on the change were held. [35] The change reduced travel times by 4 + 1 ⁄ 2 minutes for 26,000 people, a majority of the riders on the corridor.