Dec

Time to Fill up the MetroCards

Posted by admin Published in Auto Blog

Less than two hours ago, the Metropolitan Transportation Authority, which runs New York’s bus and subway system, approved a fare increase after a series of zealous debates. The individual journey fares will remain at $2, but the price of a weekly and monthly passes will raise to $24 and $81 respectively. Currently, riders get a bonus of 20% when adding by $10 of credit. that will be reduced down to 15% in March 2008. faraway Island Railroad and Metro-North will plus see an increase in ticket prices. I wouldn’t be surprised to see hundreds of commuters filling up their MetroCards with as much credit as possible in order to get the 20% bonus before the fare hike takes place later next year (in various cities where a fare increase

hits the transit system, many riders start to hoard tokens and tickets before the fare hike hits). MTA plans to add additional service in return to the fare increases. The 1, 4, and 6 trains will have additional trains (reducing the waiting duration by one to two minutes) and the B and W trains will run until 11pm instead of ceasing service at 9:30pm. These changes, however, will not start until June of next year. The new fare structure will bring an additional $90 million to the MTA for 2008.

Photo courtesy of the Metropolitan Transportation Authority.

Original post by Alexander Lew