the city of new york owns the subway system in new york city.
the city of new york owns the subway system in new york city.
who owns the subway system in new york city?
the city of new york
the present new york city subway system is composed of three formerly separate systems that merged in 1940: the interborough rapid transit company (irt), the brooklyn–manhattan transit corporation (bmt), and the independent subway system (ind). the privately held irt, founded in 1902, constructed and operated the first underground railway line in new york city. the opening of the first line on october 27, 1904 is commonly cited as the opening of the modern new york city subway, although some elevated lines of the irt and bmt that were initially incorporated into the new york city subway system but then demolished predate this. the oldest sections of elevated lines still in operation were built in 1885. the bmt, founded in 1923 and also privately held, was formed from the bankruptcy of the brooklyn rapid transit company. the ind was created by the city of new york in 1921 to be a municipally owned competitor of the two private companies. unification in june 1940 by the new york city board of transportation brought the three systems under one operator. the new york city transit authority, created in 1953 to be a public benefit corporation that acquired the rapid transit and surface line (buses and streetcars) infrastructure of the board of transportation, remains the operator of the new york city subway today.
new york city subway stations
in june 2017, after a series of subway disasters, cuomo declared a "state of emergency" for the new york city subway system. according to "the new york times", a series of new york city mayors and new york governors, including cuomo, were partly at fault for the worsening quality of the subway system and inflated construction costs. under the cuomo administration, the metropolitan transportation authority repeatedly diverted tax revenues earmarked for the subways, paid for services that there was no need for and spent on subway projects that did not boost service or reliability. as a result, the mta was saddled with debt and could not undertake investments into overhauling outdated and inefficient subway infrastructure. cuomo also directed the mta to spend on projects that the heads of the mta did not consider to be priorities. one reason why the new york city subway system is so expensive is due to exorbitant labor costs; according to several m.t.a. officials who were involved in negotiating labor contracts, cuomo pressured the mta to accept labor union contracts that were extremely favorable to workers. "the new york times" noted that cuomo was closely aligned with the union in question and had received $165,000 in campaign contributions from the union.
andrew cuomo