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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 ...
MTA employees also suffered due to the budget issues. By mid-July 2010, MTA layoffs had reached over 1,000, and many of those affected were low-level employees who made less than $55,000 annually. [143] As of 2015, the MTA was running a $15 billion deficit in its $32 billion 2015–2019 Capital Plan. [144]
Under the U.S. Internal Revenue Code section 132 (a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax. The qualified transportation benefits are transit passes, vanpooling, bicycling, and parking ...
NEW YORK CITY, NY – The MTA's boss admitted this week what every New Yorker already knows – service sucks. "Our customers are right; we aren't very good right now," said Joe Lhota, who is in ...
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The former MTA headquarters at 347 Madison Avenue redevelopment will generate $1B for capital projects. (Google Maps) NEW YORK, NY — The MTA and New York City reached a deal in the midst of a ...
MTA Regional Bus Operations operates local and express buses serving New York City in the United States out of 29 bus depots. [ 1 ][ 2 ] These depots are located in all five boroughs of the city, plus one located in nearby Yonkers in Westchester County. 21 of these depots serve MTA New York City Transit (NYCT)'s bus operations, while the ...
Last week, the MTA brought back service to six of the seven train lines that it suspended for weeks amid COVID-linked staff shortages — except for the W train, which remained offline much to the ...