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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, an affiliate agency of the state-run Metropolitan Transportation Authority (MTA).
Here's How To Pay For Subway Rides With Your Phone. Straphangers will be able to test the MTA's new tap-to-pay fare system starting Friday. Here's what you need to know about OMNY.
According to The New York Times, the congestion fees could be used to pay for new subway signals, additional elevators, new platform screen doors, updated turnstiles, and surveillance cameras. The MTA also planned to use revenue from the congestion charge to reduce pollution in the Bronx. [148]
In April 2015, New York City Mayor Bill de Blasio announced a new plan for building a subway line under Utica Avenue in Brooklyn. Previous plans, most recently the Program for Action, had provisions for such a line. It would branch off from the IRT Eastern Parkway Line (2, 3, 4, and 5 trains) at Crown Heights–Utica Avenue. The new line being ...
The MTA plans to pay for about half the plan — $25 billion — with borrowing backed by new revenue streams.
NEW YORK, NY — The president of New York City Transit unveiled a sweeping plan Wednesday to rescue the city's subways and buses from their destitute state and restore straphangers' faith in ...
The New York State Legislature granted a charter to the New York City Central Underground Company to give it power to construct a subway line in 1868. However, the charter made it impossible for the company to raise adequate money to fund the line's construction.
The Japanese company would get $1.4 billion to build 535 cars for the lettered subway lines under an initial contract the MTA Board's Transit Committee approved Monday.
On July 25, 2017, Chairman Joe Lhota announced a two-phase, $9 billion New York City Subway Action Plan to stabilize the subway system and to prevent the continuing decline of the system.
NEW YORK CITY — Consider New York City’s subways “saved” — or so says Sen. Chuck Schumer. Schumer made the proud declaration Wednesday as MTA was poised to receivean unprecedented $6 ...