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  2. New York City Transit Authority - Wikipedia

    en.wikipedia.org/wiki/New_York_City_Transit...

    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. By privatizing the surface operations, and as a result focusing on subways, the NYCTA could then meet its operating costs.

  3. New York City transit fares - Wikipedia

    en.wikipedia.org/wiki/New_York_City_transit_fares

    Below are the fares charged for single boardings on the transit lines and predecessors of the New York City Transit Authority (NYCTA). Different combinations of transfer privileges and the abolition of double fares to the Rockaways have altered these fares from time to time.

  4. History of the New York City Subway - Wikipedia

    en.wikipedia.org/wiki/History_of_the_New_York...

    On June 15, 1953, the NYCTA was founded with the aim of ensuring a cost-covering and efficient operation in the subways. [80] There was a need to overhaul rolling stock and infrastructure of the once-private routes, especially for the IRT, where nearly all of the infrastructure was aged.

  5. New York City Subway - Wikipedia

    en.wikipedia.org/wiki/New_York_City_Subway

    As of 2018, the New York City Subway's budgetary burden for expenditures was $8.7 billion, supported by collection of fares, bridge tolls, and earmarked regional taxes and fees, as well as direct funding from state and local governments.

  6. Metropolitan Transportation Authority - Wikipedia

    en.wikipedia.org/wiki/Metropolitan...

    In the preliminary 2011 budget, MTA forecasted operating revenue totaled at $6.5 billion, amount to only 50% of the $13 billion operating expenses. Therefore, the MTA must rely on other sources of funding to remain operational.

  7. 42nd Street Shuttle - Wikipedia

    en.wikipedia.org/wiki/42nd_Street_Shuttle

    On October 20, 1955, the NYCTA told the Board of Estimate that it was rescinding its request for $4,991,000 to build the conveyor. The plan was canceled due to its high cost. In 1954, NYCTA created a design concept to reconfiguring the shuttle onto a tangent alignment under 42nd Street.

  8. 7 (New York City Subway service) - Wikipedia

    en.wikipedia.org/wiki/7_(New_York_City_Subway...

    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.

  9. A (New York City Subway service) - Wikipedia

    en.wikipedia.org/wiki/A_(New_York_City_Subway...

    In April 1992, the MTA Board approved the proposed change to service in the Rockaways, which were expected to encourage ridership growth in the long term, and reduced NYCTA's annual operating budget by $20,000.

  10. F (New York City Subway service) - Wikipedia

    en.wikipedia.org/wiki/F_(New_York_City_Subway...

    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. The operation of eleven-car trains ended in 1958 because of operational difficulties.

  11. 63rd Street lines - Wikipedia

    en.wikipedia.org/wiki/63rd_Street_lines

    In February 1963, the New York City Transit Authority (NYCTA) proposed a two-track East River subway tunnel under 76th Street with unspecified connections to the rest of the transit network, at a cost of $139 million. In a May 2, 1963, report, the proposed site of the tunnel was switched to 59th Street.