"Dire" NY MTA finances may mean another fare hike

2010-02-25T06:00:12Z

<div><p>NEW YORK (Reuters) - The financial problems confronting New York's Metropolitan Transportation Authority are so "dire" that straphangers might be hit with a fare hike this year, one year sooner than planned.</p><p>NEW YORK - FEBRUARY 23: A sign directs passengers to a 24 hour station agent in a New York City subway station on February 23, 2010 in New York, New York. The Metropolitan Transit Authority (MTA) has announced that t...

Video: Man playing with chicken on NYC subway

2010-02-22T13:51:59Z

<div id="subtitle">NYC subway rider records man playing with chicken aboard a train as 'only in New York' moment</div><div><p>New York City's transit agency is investigating a video posted online that shows a man kissing and snuggling a live chicken aboard a subway....

NY's MTA electronic security plan late, lacks funds

2010-02-22T14:43:12Z

<div><p>NEW YORK (Reuters) - The cost of an electronic security program at New York's Metropolitan Transportation Authority has ballooned but a severe shortfall in the money needed means it may never be completed, the state comptroller said on Tuesday....

New York transport authority wasteful, inefficient: chief

2010-02-22T20:04:35Z

<div><p>NEW YORK (Reuters) - New York's Metropolitan Transportation Authority wastes 15 cents of every one dollar collected in fares and has been eclipsed by its peers in cities from London

Ridership slump costs New York transit authority $100 million

2010-02-22T20:17:08Z

<div><p>NEW YORK (Reuters) - New York's Metropolitan Transportation Authority carried 75 million fewer riders in the first 10 months of 2009 as employers cut jobs, costing the agency over $100 million of revenue, a report said Thursday.</p&g...

NYC schoolkids a step closer to losing free rides

2010-02-23T15:14:16Z

<div id="subtitle">NYC transit agency puts pupils a step closer to losing free rides to public schools</div><div><p>The board of the nation's largest transit agency reluctantly approved a 2010 budget Wednesday that would cut bus and subway service and leave New York City children without free rides to public schools.</p><p>Several members of the New York City children without free rides to their public schools.</p><p>But several

NYC school kids face paying to ride to school

2010-02-23T15:36:13Z

<div id="subtitle">NYC students would pay for rides to school under transit budget proposal that cuts free trips</div><div><p>The cash-strapped agency that runs New York City subways and buses is considering a proposal to end the more than 60-year-old practice of giving free rides for schoolchildren, a move that could cost half a million students nearly $1,000 per year in transportat...

NYC Transit Schools

2009-12-15T14:46:02Z

An unidentified student swipes her Metropolitan Transit Authority free student pass at the Chambers Street #1 line subway station in New York, Tuesday, Dec. 15, 2009. A doomsday budget plan offered by New York City's transit agency would leave pupils without free rides to public schools,...

NYC's cash-poor MTA needs shake-up, new chief says

2010-02-24T03:47:25Z

<div><p>NEW YORK (Reuters) - New York's cash-poor Metropolitan Transportation Authority needs a top-to-bottom shake-up and must restore its credibility with the deficit-stricken state government before it can expect any more dollars, the agency's new c...

One-fourth of NY state buses are too old

2010-02-24T10:56:50Z

<div><p>NEW YORK (Reuters) - New York state has starved both its downstate and upstate regions of transportation dollars to the extent that one-fourth of the suburban and rural buses are too old to be on the roads, a study said on Monday.</p><p>Federal rules say the average age of a bus fleet should not be more than six years. B...

Los Angeles County's rail car contract falls apart

2010-02-24T11:09:32Z

<div id="subtitle">MTA's rail car contract falls apart, costing Los Angeles a factory and hundreds of jobs</div><div><p>A deal to build 100 rail cars for Los Angeles County's transit system has fallen through, costing the region an estimated $368 million in economic activity and hundreds of jobs.</p>&lt...

NY transit chief eyes late-night discounts

2010-02-24T15:32:40Z

<div id="subtitle">New York transit chief considering late-night, weekend subway and bus discounts</div><div><p>Subway and bus riders in the city that never sleeps may one day get to pay less to ride after hours, if an idea floated by the nation's largest transit agency gets off the ground.</p><p>The idea — discounting fares for bus and subway riders at night and on weekends — didn't go over well Thursday with so...

NY "mega" transit projects run late, cost too much

2010-02-24T16:37:47Z

<div><p>NEW YORK (Reuters) - Only one of five "mega" mass transit projects in New York City is on schedule and all five will cost more than the state agency that manages them has anticipated, a new report said on Tuesday.</p><p>The Reuters) - The multibillion dollar Atlantic Yards project, which aims to construct a new basketball arena in downtown Brooklyn, was hit with another lawsuit on Monday in the latest attempt by grass-roots groups to block the controversial development.</p&a...

Straphangers sue to annul sale of Atlantic Yards

2010-02-24T19:25:24Z

<div><p>NEW YORK (Reuters) - The troubled Atlantic Yards project, a multibillion-dollar redevelopment in Brooklyn, came under renewed fire on Tuesday as a group of elected officials and consumer advocates filed a lawsuit seeking to annul the sale of the site.&lt...

New York Beefs Up Security After Alleged Terror Plot Is Revealed

2009-09-22T15:16:41Z

NEW YORK - SEPTEMBER 22: A Metropolitan Transit Authority (M.T.A.) police officer patrols on an escalator in Grand Central Terminal September 22, 2009 in New York City. Law enforcement officials say there may ha...

New York MTA 5-year plan has $9.9 billion funding gap

2010-02-25T06:01:47Z

<div><p>NEW YORK (Reuters) - New York's troubled public transit system has a $9.9 billion funding gap in its 2010-2014 capital program which it may have to close with debt absent any other source of funds, the state comptroller said on Thursday.</p><p>The Cablevision gunning for New York Wi-Fi contract, hotspots to run to Long Island, Connecticut</div><div><p>Cablevision Systems Corp. is gunning for a state contract to build a high-speed wireless Internet network along two train lines in the

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