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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 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, [14] an affiliate agency of the state-run Metropolitan Transportation Authority (MTA). [15]
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 ...
Traffic & Transit Unlimited OMNY Subway, Bus Fare Taps Start After 12 Trips: MTA The long-awaited fare capping pilot starts Feb. 28 and will last at least four months, along with $5 in-city ...
The Main Line and its connections to other subway lines was to have cost $213.95 million, while the future Bronx extension would have cost $130.16 million. [47]: 212 An extension of the IRT Lenox Avenue Line would have been built so it could connect with the IRT Ninth Avenue Line. [48]
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.
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.
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. [14]