MTA Finances
MTA Not Maximizing Real Estate Portfolio
Real estate is a sector that has major ties to the MTA & its overall financial picture. Whether it comes from properties they use or own, the fabric of the MTA’s finances good or bad are woven deeply in it. Clearly over the last couple of years, real estate has not been kind to them […]
MTA CEO: We Will Not Raise Fares This Year
Earlier today, MTA Board Chairman & CEO Jay H. Walder appeared on the John Gambling show to discuss the current state of the MTA in terms of finances & service cuts. During his appearance, he announced that the agency will be sticking to its schedule & not increasing fares this year. Plans are still in […]
State Senate Derails MTA’s Plans To Save
Ever since Jay H. Walder took over as MTA Board Chairman & CEO, he has been obsessed with streamlining operations & saving money. This hard line stance has been a huge sticking point in the agency’s latest battle with the Transport Workers Union Local 100 (TWU Local 100). Both sides have engaged in a war […]
Editorial: Blame Pols For Slashing Transit Funds
For the longest time, I have opined how arguably the biggest culprit for the MTA’s financial woes are the elected officials who will be the first in line for face time to criticize fare hikes, service cuts, system conditions, etc… yet will be the same individuals who continue to raid the funds or not properly […]
TWU Accuses MTA Of Nixing $35M Offer
I have blogged about the battle between the MTA & Transport Workers Union Local 100 (TWU Local 100) on & off for a few years now. Throughout that time, there would be times of silence in which the two sides kept to themselves. However those occasions are rare as most times they are locked up […]
