Subway ridership drops after soaring

NEW YORK Just a day after announcing 2008's soaring rider total, Metropolitan Transportation Authority officials said Monday that average weekday subway ridership dropped by 2 percent last month, compared to January 2008. The weekday average was about 4.9 million trips last month.

It was the first such decline in five years that wasn't attributed to bad weather or an unusual number of weekday holidays.

Falling ridership and fare collections could add to the MTA's financial burdens. Officials say real-estate tax revenues this year so far are $75 million below already lowered projections.


NEW YORK AND TRI-STATE AREA NEWS

USEFUL LINKS:
SEND TIP OR PHOTO  || REPORT TYPO ||  GET WIDGET

 EYEWITNESS TWITTER ||  FIND US ON FACEBOOK

Copyright © 2024 WABC-TV. All Rights Reserved.