How is it possible that the New York MTA is not profitable?

Then you have the investments in net new construction, the LIRR Grand Central project that is a $408 Million contract that we know is going to go over budget and the contract was not awarded to the best company/bid, just the one with the best connections and payoff scheme. read more

Good old corruption and mismanagement from all parties involved. From a "product" standpoint, you have an archaic infrastructure that is decades old that continually breaks. read more

The Metropolitan Transportation Authority can’t turn a profit — even though it does everything it can to make money. The Metropolitan Transportation Authority can’t turn a profit — even though it does everything it can to make money. read more

F Cameron, Interlocking Engineer at New York City Subway (1992-present) Answered Apr 29, 2017 Unlike most subway systems worldwide, NYC’s MTA is open 24/7/365. read more