Search results
Results from the Go Local Guru Content Network
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.
The total cost for the entire Queens Boulevard Line is estimated at over $900 million, and the Queens Boulevard CBTC project was completed in 2022.
New York City transit fares. The fares for services operated under the brands of MTA Regional Bus (New York City Bus, MTA Bus ), New York City Subway (NYC Subway), Staten Island Railway (SIR), PATH, Roosevelt Island Tramway, AirTrain JFK, NYC Ferry, and the suburban bus operators Nassau Inter-County Express (NICE) and Westchester County Bee ...
The outsourcing of subway operations to the Port Authority of New York and New Jersey was favored at one point. On June 15, 1953, the NYCTA was founded with the aim of ensuring a cost-covering and efficient operation in the subways.
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.
Number of vehicles. 2,429 commuter rail cars. 6,418 subway cars. 61 SIR cars. 5,725 buses [1] The Metropolitan Transportation Authority ( MTA) is a public benefit corporation responsible for public transportation in the New York City metropolitan area of the U.S. state of New York.
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.
The total construction cost was $10.072 million (equivalent to $225 million in 2023) for 0.9 miles (1.4 km) of new tunnels, or $2,068 per foot ($6,780/m), which was three times the normal cost of construction at the time. The Nassau Street Loop opened on May 29, 1931.
Even though New York City Transit Authority (NYCTA) and the Board of Estimate approved the plan it was not completed due to union opposition and high cost. [11] : 13 On April 21, 1953, Board of Transportation Chairman Sidney H. Bingham, announced that the installation of the conveyor would cost $3.8 million and could be completed in 18 months ...
As of 2023, its operating budget was $596 million; the budget is funded through taxes and fees. [5] The Triborough Bridge and Tunnel Authority was founded in 1933 as the Triborough Bridge Authority ( TBA ).