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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".
Up until 1940, there were three major operators of New York subway and elevated lines, the privately owned Brooklyn–Manhattan Transit Corporation (BMT), the privately owned Interborough Rapid Transit Company (IRT) and the municipally-owned Independent Subway System (ISS or ICOS before 1940, now IND).
The New York Times also reported in late 2024 that the delays could cause emergency-response times to increase due to additional traffic congestion. [290] In response to the pause in congestion pricing, Moody's gave the MTA a credit negative watch on June 7, and analysts at S&P said that their rating on MTA revenue bonds could decrease.
New York’s new toll for drivers entering the center of Manhattan debuted Sunday, meaning many people will pay $9 to access the busiest part of the Big Apple during peak hours.
The New York City Subway is a heavy-rail public transit system serving four of the five boroughs of New York City. The present New York City Subway system inherited the systems of the Interborough Rapid Transit Company (IRT), Brooklyn–Manhattan Transit Corporation (BMT), and the Independent Subway System (IND). New York City has owned the IND ...
MTA New York City Transit (NYCT) (legal name, no longer used publicly: New York City Transit Authority and its subsidiary, the Manhattan and Bronx Surface Transit Operating Authority (MaBSTOA)) The Bus division is now managed under Regional Bus. [57]
The Los Angeles metro system uses QR code ticketing, as do large commuter rail systems in the New York area like New Jersey Transit, Metro North and the Long Island Rail Road.
The New York City Subway is a rapid transit system in New York City serving the boroughs of Manhattan, Brooklyn, Queens, and the Bronx.It is owned by the government of New York City and leased to the New York City Transit Authority, [14] an affiliate agency of the state-run Metropolitan Transportation Authority (MTA). [15]