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In October 2017, city comptroller Scott Stringer released an analysis that subway delays could cost up to $389 million or $243.1 million or $170.2 million per year depending on the length of the delays. In November 2017, The New York Times published its investigation into the crisis.
From the inauguration of IRT subway services in 1904 until the unified system of 1948 (including predecessor BMT and IND subway services), the fare for a ride on the subway of any length was 5 cents ($.05 in 1904 equivalent to $1.7 in 2023; $.05 in 1948 equivalent to $0.63 in 2023). On July 1, 1948, the fare was increased to 10 cents ...
The entire cost of the purchase was $1.45 billion. The new subway cars were based on the results of the tests from the R110A and R110B test trains. The historic deal came after round-the-clock negotiations, and the contract was the largest subway car purchase in the history of the New York City Subway up to this point.
5202–5479 (NYCT) 388–435, 436–466 (even) St. Louis Car 1971–1973 NYCT cars retired, 5240 preserved, SIR cars in service: R45 Crane cars C218–C219 Atlas Car Manufacturing Co. 1973 Retired R46: Passenger cars 5482–6258: Pullman 1975–1978 In service: R47 45-47-ton diesel-electric locomotives 63–70, N1–N2 General Electric 1975
The New York City Subway is a large rapid transit system and has a large fleet of electric multiple unit rolling stock. As of November 2016, the New York City Subway has 6418 cars on the roster. The system maintains two separate fleets of passenger cars: one for the A Division (numbered) routes, the other for the B Division (lettered) routes.
The subway option would have been 6.6 miles (10.6 km) long and would have cost $116 million while the elevated/subway option would have been 4.5 miles (7.2 km) and would have cost $80.8 million.
The contract included options for further orders, which, if exercised, would have brought the total business with NYCT to about US$2.4 billion, for 1,700 subway cars, and Kawasaki would have manufactured 40% (680 cars) of the 1,700 cars. The R160 fleet was purchased at an average cost of $2.0 million USD per car. Features
In the beginning of 1955, it was reported that the NYCTA's surface operations cost seven million dollars more to operate annually than it collected in revenue from the fare box. By privatizing the surface operations, and as a result focusing on subways, the NYCTA could then meet its operating costs.
The newest New York City Subway stations are part of the Second Avenue Subway, and are located on Second Avenue at 72nd, 86th and 96th streets. They opened on January 1, 2017. Stations that share identical street names are disambiguated by the line name and/or the cross street each is associated with.
By comparison, "mid-case" delays of between 10 and 20 minutes could cost $243.1 million per year, and "best-case" delays of between 5 and 10 minutes could cost $170.2 million per year. [327] In November 2017, The New York Times published its investigation into the crisis.