MTA riders won't be stuck with tab from Sandy damage
Photo credit: Faye Murman | MTA chairman and CEO Joseph Lhota said the Metropolitan Transportation Authority won't alter its proposal for a 7.4 percent fare increase as a result of lost revenue related to superstorm Sandy. (Nov. 5, 2012)
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Hurricane Sandy cost the MTA more than $5 billion in damage and lost business, but straphangers and rail riders won't get stuck with the tab, the transportation agency's head promised Wednesday.
"The burden of Sandy will not be upon our riders," Metropolitan Transportation Authority chairman and CEO Joseph Lhota said at a news conference after the board's monthly board meeting in Manhattan.
Specifically,...
