Manhattan Institute for Policy Research: New Study - Five Cheap Ways to Improve New York City Subway Operations
July 31, 2020
July 31, 2020
NEW YORK, July 31 -- The Manhattan Institute for Policy Research issued the following news release:
In the wake of the COVID-19 pandemic, MTA ridership fell to a tenth of its normal levels and has not yet recovered fully, and the city and state will lose massive amounts of tax revenue that previously went to subsidize operations. Already beset with problems--chronically late trains, a backlog of maintenance projects, high operations costs, and a $16 billion budget deficit with spend . . .
In the wake of the COVID-19 pandemic, MTA ridership fell to a tenth of its normal levels and has not yet recovered fully, and the city and state will lose massive amounts of tax revenue that previously went to subsidize operations. Already beset with problems--chronically late trains, a backlog of maintenance projects, high operations costs, and a $16 billion budget deficit with spend . . .