Recent Streetsblog NYC posts about Transit Funding

Panel: NYC Electeds Need to Get Serious About Funding Infrastructure

By Stephen Miller | Apr 23, 2014 | 4 Comments

This morning, the Association for a Better New York, a business group, hosted a discussion on the city’s infrastructure. The focus was squarely on transportation, and the message wasn’t pretty. Panelists warned of dire consequences if elected officials don’t act on the precarious state of transportation funding. Calling himself “the ghost of infrastructure past,” former traffic commissioner […]

No, the MTA Can’t Afford Cuomo’s Transit Raids

By John Petro | Apr 14, 2014 | No Comments

I think most transit riders would laugh — cynically — at the idea that the MTA has more than enough funds to meet its needs. But this is exactly what the MTA’s chairman Tom Prendergast said when he learned that the state would be diverting $30 million from the MTA’s funding stream to balance the […]

Instead of Reforming NYC Tolls, Ruben Diaz, Jr. Proposes Soaking the Bronx

By Ben Fried | Apr 8, 2014 | 19 Comments

Like the Tea Party adherents who are always going to equate walkability and sustainable transportation with a global UN conspiracy, some New York City electeds are always going to call road pricing “regressive” no matter how much the evidence suggests otherwise. But Bronx Borough President Ruben Diaz, Jr. really ought to know better. Diaz has […]

Cuomo Gets His Way, and Transit Riders Get the Shaft

By Ben Fried | Mar 31, 2014 | 6 Comments

Governor Andrew Cuomo won’t be denied. Overriding proposals from the Assembly and State Senate, the governor continues to pick the pocket of New York City’s transit system, diverting $30 million from the MTA in the state budget. Cuomo had originally proposed a $40 million raid, so it could have been worse. But because this diversion […]

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Fitch Ratings: Failure to Invest in Transit Could Hurt the Whole Economy

By Angie Schmitt | Mar 27, 2014 | No Comments

One of the country’s leading financial ratings agencies is warning that if America doesn’t change how it invests in transit, the whole economy could suffer. “Public transportation investment strategies will need to transform if trends toward increased multifamily housing, declines in driving, and increasing public transportation usage continue over the long run,” Fitch said. In […]

What Transit Riders Could Get If Cuomo’s Transit Raid Doesn’t Go Through

By Ben Fried | Mar 24, 2014 | 5 Comments

How much transit service could the MTA add if Governor Cuomo’s proposed $40 million transit raid doesn’t make Albany’s final budget? Here’s a taste, courtesy of the Straphangers Campaign and the Riders Alliance. Service that was cut from seven subway lines in 2010, serving 300,000 weekday riders, could be restored. More than a dozen weekday bus […]

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