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MTA CEO: Expect Fare Price Hike

Friday, March 20, 2009

MTA CEO Lee Sander has confirmed that the MTA could approve a $2.5 subway fare next week. WNYC's Andrea Bernstein has more.

REPORTER: With little movement in Albany on the Ravitch plan, Sander said an MTA committee will vote Monday, to be followed by the full board Wednesday, to raise subway fares. Sander said, unless things change in Albany, transit riders should expect a $2.50 subway ride and severe service cuts. He said the chances of avoiding that fate are diminishing.

REPORTER: You optimistic?

SANDER: Um, I think it's hard to say at this point, obviously I was more optimistic weeks ago.

REPORTER: Sanders' comments came after a conference of regional planning officials on stimulus funds. The MTA says even that infusion won't avert cuts. For WNYC, I'm Andrea Bernstein.

REPORTER: Governor Paterson says negotiations on an MTA rescue plan are at a standstill.

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