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One provision in the 1953 law that created NYCTA demanded that by July 1955, the agency create a plan to sell its bus and trolley routes to private operators. In the beginning of 1955, it was reported that the NYCTA's surface operations cost seven million dollars more to operate annually than it collected in revenue from the fare box.
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. [89] In 1970 the fare was raised to 30 cents. [90] This token is 23mm in diameter with a Y cut out, and is known as the "Large Y Cutout".
The New York City Transit Authority (NYCTA), a public authority presided by New York City, was created in 1953 to take over subway, bus, and streetcar operations from the city, and placed under control of the state-level Metropolitan Transportation Authority in 1968. Graffiti became a notable symbol of declining service during the 1970s.
The NYCTA, a public authority presided over by New York City, was created in 1953 to take over subway, bus, and streetcar operations from the city. In 1968 the state-level MTA took control of the NYCTA, and in 1970 the city entered the New York City fiscal crisis. It closed many elevated subway lines that became too expensive to maintain.
The E Queens Boulevard Express/Eighth Avenue Local [3] is a rapid transit service in the B Division of the New York City Subway. Its route emblem, or "bullet", is blue since it uses the IND Eighth Avenue Line in Manhattan . The E operates at all times between Jamaica Center–Parsons/Archer in Jamaica, Queens, and the World Trade Center in ...
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.
The project, to start in 1950, would cost US$3,850,000 (equivalent to $48,800,000 in 2023). The platforms were only able to fit nine 51-foot-long IRT cars, or seven 60-foot-long BMT cars beforehand. On March 12, 1953, two 9-car super express trains began operating from Flushing–Main Street to Times Square in the morning rush hour.
The subway option would have been 6.6 miles (10.6 km) long and would have cost $116 million while the elevated/subway option would have been 4.5 miles (7.2 km) and would have cost $80.8 million. [70] The third route would have connected the IND Rockaway Line to the IND Queens Boulevard Line using the Rockaway Beach Branch and an existing ...