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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.
Base fares on subways, buses and trains will increase 15 cents from $2.70, seven-day unlimited passes will increase $1 to $34, 30-day unlimited passes will increase $5 to $132, according to the MTA.
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.
As with all mass transit in the United States the TA requires assistance for its capital costs and to cover operational needs, however, the very high ridership of New York City's subway system has enabled it to pay 67 percent of its operating costs from fares and advertising.
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.
In total, the work on the 19 subway stations will cost $850 million. The remaining $86 million will be used for subway accessibility projects. The 13 stations without funding will be pushed back to the 2020–2024 Capital Plan.
The E and F began running eleven-car trains during rush hours on September 8, 1953. The extra train car increased the total carrying capacity by 4,000 passengers. The lengthening project cost $400,000.
This change was made as part of the last round of cuts in subway service announced in January 1977 to reduce annual operating costs by $30 million. Changes were also made in A, AA, B and N service. The NYCTA said that the cuts only duplicated other night service, and for most, would increase travel by a few minutes.