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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 ...
A new low-level subway through Manhattan would complete the loop. Construction costs of this preliminary project are estimated at $154,000,000, with $40,000,000 additional for equipment. The cost of power facilities is not included in this estimate.
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.
NEW YORK CITY — Riding the subway or hopping on a bus in New York City is about to cost $2.90. MTA board members Wednesday unanimously approved a 15-cent hike to the base fare for subways and buses.
Unlimited OMNY Subway, Bus Fare Taps Start After 12 Trips: MTA - New York City, NY - The long-awaited fare capping pilot starts Feb. 28 and will last at least four months, along with $5 in-city...
The MTA projects it could raise subway fares 4 percent by 2017 and a further 4 percent by 2019, according to the agency's preliminary 2017 budget published Wednesday.
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 — The MTA released a new plan Wednesday that proposed increasing the cost of a subway fare to $3 by March 2017 and increasing it to more than $3 in 2019.
Under the terms of Contracts 3 and 4, the city would build new subway and elevated lines, rehabilitate and expand certain existing elevated lines, and lease them to the private companies for operation. The cost would be borne more-or-less equally by the city and the companies.
The NYCTA contributed between $20,000 to $30,000 on the project and supplied the three R22 subway cars to be automated. The bulk of the money, between $250,000 and $300,000, was contributed by the two companies, which paid for installation, maintenance and technological oversight of the automation process, including signaling.