The proposals come as the MTA prepares to open Grand Central Madison, a new LIRR station that it estimates will pull nearly half of the railroad’s traffic away from its current terminus at Penn Station, and enable direct transfers between the LIRR and MetroNorth.Īt the MTA’s final board meeting of the year Wednesday, the authority’s chairman and CEO Janno Lieber said that they would support new affordability measures - as long as they help shore up the agency’s finances.

Kathy Hochul would limit that cost to $5, down from nearly $11 during peak ridership hours. As the MTA faces deep financial challenges, politicians and riders’ advocates are championing new affordability efforts that they say would increase ridership across the entire system and help lower-income commuters at a time of worsening economic conditions.Ī newly announced legislative funding package for the system - called “Fix The MTA” - would freeze fares at $2.75 and phase in free buses over four years.Ī report released by the nonprofit TransitCenter earlier this month suggests capping ticket costs for trips within the five boroughs on Metro-North and the Long Island Rail Road at the same price of a subway fare.

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