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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".
This budget deficit has resulted in various problems, mainly concentrated in New York City. 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 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 ...
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 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 ...
The long-dreaded MTA bus and subway fare hikes take effect Sunday, and New York City commuters are on the express train to frustrated. “The trains are not reliable. The subway is nothing for New ...
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 ...
Around 33,000 members of Transport Workers Union (TWU) Local 100 walked off their jobs on April 1, 1980, in a strike with the goal of increasing the wage for contracted workers. All subway and bus lines in the five boroughs of New York City were brought to a complete standstill for twelve days. The strike was resolved on April 11.