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Different combinations of transfer privileges and the abolition of double fares to the Rockaways have altered these fares from time to time. Since July 4, 1997, massively increased transfer privileges and pass discounts have lowered the average real fare significantly. [52] According to MTA figures, only 2.1% of rides are single-ride fares. [53]
The MTA has reported a 12.6 percent increase in toll evasion on New York City bridges and tunnels during the first four months of 2024. This equates to an average of 398,975 missed monthly toll transactions, primarily due to drivers obscuring their license plate. The MTA estimates that this evasion costs the agency approximately $50 million ...
Later in the month, the MTA released a list of projects that would not be completed without the funds to be generated from the program. [209] The MTA had planned to award $12 billion in contracts in 2024, but was only expecting to award $2.9 billion in contracts. [210]
More than four months after the strike ended, the courts imposed a brief jail term on Local 100 president Roger Toussaint for his role in the strike. In 2008–09, MTA management once again refused to sign off on an agreement with Local 100 for a successor to the collective bargaining agreement, which expired early in 2009.
40 ft (12 m) 3960–4278 4330–4702 (692 buses) 122 retiring: Diesel-electric hybrid: MTA Bus & NYCT Nova Bus LFS-A TL62102A 3rd Generation Articulated 62 ft (19 m) 1200–1289 (90 buses) 81 retiring: Diesel: NYCT Nova Bus LFS TL40102A 3rd Generation: 2011 40 ft (12 m) 8000–8089 (90 buses) 89 Orion Bus Industries Orion VII 07.501 EPA10 3rd ...
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[117] [118] The same month, the MTA announced that as many as four percent of subway riders and 16 percent of bus riders each day might not be paying fares, amounting to 208,000 subway riders and 384,000 bus riders per day. This indicated that the decline in ridership on the subway and bus systems might not be as severe as previously indicated ...
The average rate on a 30-year mortgage in the U.S. rose to 6.12% this week, the first increase in seven weeks. The rate ticked up from 6.08% last week, mortgage buyer Freddie Mac said Thursday.