Google Plus Business   Pinterest

800.ELLIMAN

hudson
hudson

Another fare hike?

MTA is talking about increasing fares starting January 14.

They're looking at increasing a monthly pass MetroCard to $105, up from $81. And there are other increases too - but they are not too detailed yet - very uneven.

What effect do you think another fare hike will have on the city's economy? (Yeah, I know the effect on wallets)
Question asked via StreetAdvisor The opinions expressed here are those of the individual and not those of Douglas Elliman.
3 people following
this discussion
Report

3 Comments

Tigger47
Tigger47 2yrs+
The hike in fare will really stretch the economy. People can barely afford those monthly cards as it is. Correct me if I'm wrong, but didn't they just increase it to $81 this year? They are really making it difficult for people to get around. The more that they continue to raise prices, the less people will be willing to commute to the city. They are especially foolish to increase MTA prices because most people won't take their cars into the city because it costs so much to park it and finding a free, legal parking space takes a lot of luck.
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
hudson
hudson 2yrs+
Looks like it

http://www.nytimes.com/2008/12/30/nyregion/30mta.html?ref=nyregion

They will have public hearings, the first is Jan 14.

Looks like they have several ideas - I favor the ones that increase single rides but keep the price the same for round trip. Don't think they will be able to do this before spring, so it's to everyone's benefit to show up and comment.
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.
cmsv
cmsv 2yrs+
If they raise the prices too high, for some people it will not matter if they drive or take public transportation. Some will pay the extra for parking to save time, and it won't be that much extra.
Report
The opinions expressed here are those of the individual and not those of Douglas Elliman.

Add a comment

Corporate information:
Services:
Affiliates:
© Douglas Elliman Real Estate.
All Rights Reserved.

All data is deemed reliable but is not guaranteed accurate by the RLS or Douglas Elliman. See Terms of Service for additional restrictions.

All information regarding a property for sale, rental, taxes or financing is from sources deemed reliable. No representation is made as to the accuracy thereof, and such information is subject to errors, omission, change of price, rental, commission, prior sale, lease or financing, or withdrawal without notice. All square footage and dimensions are approximate. Exact dimensions can be obtained by retaining the services of a professional architect or engineer.

The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.

© 2014. Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. Equal Housing Opportunity.