MTA Finances
Nassau County Must Pay MTA $20 Million
The battle between the MTA & Nassau County has reached a new level. The two normally battle it out over the county’s routine shortchange of funding for Long Island bus, but this time it was over money owed from a loan. 15 years ago, the MTA agreed to lend the county $51M dollars & in […]
MTA Awards $26.6M In Small Business Contracts
Two days ago, I wrote about an entry highlighting how the MTA awarded its first contract under a new program entitled Small Business Mentoring Program. The program was setup to help small businesses compete for lucrative MTA contracts. In sticking with the small business theme, the MTA announced it has awarded $26.6M in contracts to […]
MTA Awards 1st Contract Under New Program
Until very recently, small businesses had little to no chance of winning any of the lucrative MTA contracts that come down the pipeline. The agency looked to level the playing field recently by starting a new small business program aimed at helping such businesses compete. Late Friday afternoon, the agency announced the awarding of the […]
Queens Councilman Upset At Empty Retail Spaces
As someone who is an owner in multiple facets of real estate including residential & commercial, I understand the severe slump the industry is in. So it comes as to no surprise that the MTA has encountered the same issues that many others have as property owners. The specific problem in this entry is in […]
Report: Next Governor Must Reinvest In MTA
Regular readers of transit news sources like this already know the obvious, the MTA needs to be fixed & the biggest way to do that is by properly reinvesting in the MTA. This topic has taken center stage even more so recently due to politics dominating the local news cycle. On the heels of the […]
