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New York City Transit

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MTA To Spend Unprecedented $5 Billion For Metro-North, Including Access To Penn Station MTA To Spend Unprecedented $5 Billion For Metro-North, Including Access To Penn Station
MTA To Spend Unprecedented $5 Billion For Metro-North, Including Access To Penn Station After years of rider complaints and problems with the entire infrastructure system, the Metropolitan Transportation Authority announced it plans to invest an unprecedented $51.5 billion into the region’s subways, buses, and railroads over the next five years. The proposed investment is by far the highest in the MTA’s history, increasing spending on infrastructure by 70 percent over current levels.  The program plans to invest more than $40 billion in New York City Transit’s subways and buses alone – including crucial signal upgrades – as well as major investment on the Metro-North runs…

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by Kathy Reakes
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MTA To Investigate Reports Of $400M In Employees' Overtime Pay MTA To Investigate Reports Of $400M In Employees' Overtime Pay
MTA To Investigate Reports Of $400M In Employees' Overtime Pay The MTA has launched an extensive investigation regarding “massive” overtime payments that saw its workers earn more than $400 million in overtime last year. Despite a year fraught with delayed, canceled and stalled trains, as well as the seventh fare hike in less than a decade, a new study released by Empire Center found that MTA’s overtime rose by nearly 16 percent last year. In total, the MTA shelled out $418 million in overtime more than five times what the anticipated price hike that took effect this week is expected to generate. In response, MTA Chairman and CEO Patrick F…

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by Zak Failla