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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. [102] In 1970 the fare was raised to 30 cents. [103] This token is 23mm in diameter with a Y cut out, and is known as the "Large Y Cutout".
The NYCTA approved four changes in subway service on April 27, 1981, including an increase in B service. The changes were made as part of the $1 million, two-year Rapid Transit Sufficiency Study, and were expected to take place as early as 1982, following public hearings and approval by the Metropolitan Transportation Authority (MTA) board.
In April 1986, the New York City Transit Authority began to study the possibility of eliminating sections of 11 subway lines because of low ridership. The segments are primarily located in low-income neighborhoods of the Bronx, Brooklyn and Queens, with a total of 79 stations, and 45 miles of track, for a total of 6.5 percent of the system.
Adobe Firefly, Tyler Le/BI. Stifel warns of a sharp stock market correction by year-end, with the S&P 500 potentially dropping 12%. Chief equity strategist Barry Bannister said high valuations and ...
Federal agents have boarded a vessel managed by the same company as a cargo ship that caused the deadly Baltimore bridge collapse, the FBI has confirmed. In statements Saturday, spokespeople for ...
By Stella Qiu. SYDNEY (Reuters) -Asian shares extended their rally on Friday, bathing in the afterglow of an outsized interest U.S. rate cut, while the yen edged higher as the Bank of Japan held ...
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