Facing an Unprecedented Financial Crisis, Stimulus Finance, Congestion Pricing Revenues on Long Island Rail Road – CBS New York

New York (CBS New York) – Pandemic cure the MTA An unprecedented financial crisis, and now a new report indicates that more workers are permanently working remotely.

This could mean Long Island Railroad You will have to rely on stimulus financing and congestion pricing revenue to keep it going.

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Conor Humble commutes from Long Island to his insurance job in the city.

“I don’t think the five-day work week will ever return, so it’s disappointing to hear these stats,” he told CBS2’s Jennifer McClugan.

The MTA is expected to lose half a billion dollars next year if remote workers work three or four days a week.

“My flight takes about two hours because of the way the times fall, so it would be really difficult if that happened,” LIRR said traveler Patricia Sun.

Loss is not in the cards, but the financial future is fraught with peril if passengers’ needs for safe, clean and reliable service are not met.

State Comptroller Thomas Dinpoli’s report wrote.

“A vicious cycle of lower revenue coming in and possibly more limited service, and it becomes a downward spiral going in the wrong direction,” he said.

Until the epidemic subsides, the railroad must do everything in its power to attract optional riders.

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“To watch shows, to watch sporting events, to visit friends. I think future generations on Long Island are actually embracing mass transit rather than car ownership,” said Philip Ing, president of LIRR.

Railroad now depends on stimulus aid from Washington, DC

“We’ve got money from the federal government, which should move us over the next two years, but when we go down, like, until 2024, all that support is going to go away,” said Gerard Bringman, of the LIRR Commuter Council.

Meanwhile, public hearings are underway for the MTA about finances and alarming congestion pricing.

“Yeah, I definitely wouldn’t bother going to Manhattan if I had to pay $35,” said Gregory Rochford, a resident of Floral Park.

Long Island motorists can pay up to $35 to drive in Manhattan, depending on the time of day. With E-ZPass, it’s less than $9.

The MTA Citizens Advisory Committee says drivers should keep in mind what congestion pricing is — reducing congestion in Manhattan and improving public transportation for those who choose to take the train instead.

“We definitely need to do something about congestion in the city, and frankly, I’m in favor of congestion pricing,” said Michael Hertsfeld, a Queens resident.

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Congestion pricing could start in 2023.


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