Friday, February 17, 2017

Copyright 6sqft

MTA to Raise Fares to $3 per ride in March
To many New Yorker's dismay, the MTA plans to go forward with their price surge.  The ride fare will raise to $3 per ride and $3.25 for single ride tickets. In her article, Dana Schultz at 6sqft uncovers some of the reasoning the MTA has for the price increase:

"Since 2005, fares have increased a whopping 50 percent, from $2 to $3. The current proposal will be the MTA’s fifth fare hike since 2009; the most recent was in March 2016, when rides when from $2.50 to $2.75. But the Daily News explains that when you factor in the bonuses, the $3 plan is actually the smallest increase in the past eight years."

Read more here.