Monday, March 25, 2019

Ferry...




Ask what de Blasio is doing to address the city’s transportation being deteriorated by the minute, but he’s likely to focus on one initiative in particular:

the city-subsidized ferry service launched at a cost of hundreds of millions of dollars, which carried fewer than 10,000 trips per day in 2017.

The city’s bus system, meanwhile, carries about 2 million weekday trips but is hemorrhaging riders, and the subway system deterioration during his time.

De Blasio announced that he’s pouring more money into ferries, with another $300 million in capital spending on top of the $325 million his administration has already put into the system. The city also spends $30 million annually on ferry operations.

De Blasio’s press conference, at the just-opened Bay Ridge docks, was at least the eighth ferry-related public event he’s held since the beginning of 2017, compared to two such events for buses.

Riders pay $2.75, the same as a subway or a bus fare. The ticket is subsidized by the city at an estimated $6.60 per trip. The subsidy costs the city about $30 million a year. That could rise as the ferry service becomes more popular, according to city officials.

The mayor said "the money is in the wrong hands."  

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