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Thursday, December 20, 2012

MTA Chairman Joe Lhota takes questions about the 2nd Ave subway blast that occurred on Tuesday. (Jim O'Grady/WNYC)

Yesterday's big news from the MTA includes fare and toll hike approval and Joe Lhota's resignation as chairman, which opens up the possibility of him running for mayor. Plus: The disputed expansion of Columbus Avenue's protected bike lane and its potential impact on retailers; the series with Judith Rodin of the Rockefeller Foundation continues with a look at infrastructure resilience; and Slate's Farhad Manjoo answers your questions on tablets.

UBS Admits to Fraud

UBS has pled guilty to manipulating global interest rates, and will pay $1.5billion in fines. Liam Vaughan, Bloomberg UK finance reporter, discusses the case and the implications for financial regulation.

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MTA Fare Changes

Jim O'Grady, transportation reporter for WNYC and Transportation Nation, talks about the transit fare and toll increases approved by the MTA board on Wednesday.

Summary of Changes Starting March 1:

  • The base fare for buses and subways will rise to $2.50
  • New Yorkers will pay $30 for a weekly Metrocard
  • Monthly card is now $112, up from $104
  • Riders of commuter rail lines Metro North and LIRR will see an 8-9% increase in ticket prices 
  • Tolls on the authority’s bridges and tunnels will go up by about the same amount. Details:
  • Cash tolls on the Queens-Midtown Tunnel, Throgs Neck Bridge, Hugh L. Carey Tunnel, Bronx-Whitestone Bridge and Robert F. Kennedy Bridge will rise by a dollar to $7.50. E-ZPass users will pay $5.33, up from $4.80
  • Toll for the Verrazano-Narrows Bridge will be reduced for Staten Island residents. Those with a valid resident E-ZPass who plan who make one or two westbound trips per month per account, will be charged $6.36 per trip. Those who make three or more trips per month will be charged $6.00 a trip. For non-residents, tolls will be $10.66 for E-ZPass users, and $15 for cash users.
  • Express bus fares will rise by 50 cents, to $6

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Once and Future Lhota

Andrea Bernstein, WNYC News Metro editor, talks about Joe Lhota's resignation as MTA chief to explore a run for mayor, and his tenure as deputy mayor under Giuliani.

 

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Rebuilding Resilience: Next Steps

Judith Rodin , president of the Rockefeller Foundation, appointed co-chair of the NYS 2100 commission to improve the resilience of infrastructure, continues her series of conversations on how the region can recover from Sandy and prepare for future disasters. Today: what concrete steps New York should take.

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Prospects for New Gun Laws

Richard Dunham, Washington correspondent for the Houston Chronicle & Hearst Newspapers, talks about the president's call for legislation to stem gun violence and the changing politics of gun control.

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Columbus Ave. Bike Lane Stand-Off

Kate Hinds, producer/reporter with Transportation Nation, talks about stalled plans to extend the protected bike lane along Columbus Avenue and the effects of bike lanes on commerce. Mel Wymore, former chair of Community Board 7 and proponent of the bike lane, joins the conversation.

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Tablets This Holiday Season

Farhad Manjoo, Slate technology columnist, has advice and recommendations for tablets this holiday season. If you bought one, what tipped the scales for you when deciding what to buy?

 

Comments [20]

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