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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. [101] In 1970 the fare was raised to 30 cents. [102] This token is 23mm in diameter with a Y cut out, and is known as the "Large Y Cutout".
The COVID-19 pandemic in New York City resulted in a decline in use of the New York City Subway between March and June 2020. Following the city's partial reopening in June, a mayoral panel projected that many people would choose to drive, for fear that taking mass transit would expose them to COVID-19 , and studied congestion pricing as a ...
However, estimates for expanding the SmartLink card to the New York City Subway and MTA buses may cost as high as $300 million. Estimates for adding New Jersey Transit would cost an additional $100 million. [8] However, the adoption of OMNY on New York City Transit will mean that SmartLink will not be expanded to other transit systems. [9]
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. [55] [57] Graffiti became a notable symbol of declining service during the 1970s.
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.
In April 1986, the New York City Transit Authority began to study the possibility of eliminating sections of 11 subway lines because of low ridership. The segments are primarily located in low-income neighborhoods of the Bronx, Brooklyn and Queens, with a total of 79 stations, and 45 miles of track, for a total of 6.5 percent of the system.