Cash-strapped MTA says tax revenues are down and fare evasion is up
The transit agency is now facing an unexpected budget deficit of $428 million in 2027 and $469 million in 2028. CBS News New York's Marcia Kramer reports.
Watch CBS News
The transit agency is now facing an unexpected budget deficit of $428 million in 2027 and $469 million in 2028. CBS News New York's Marcia Kramer reports.
Advocates say Gov. Hochul's congestion pricing pause to blame for MTA's $400 million operational budget deficit in 2027-28.
However, MTA officials seem confident Gov. Kathy Hochul will come up with the $15 billion she cut as a result of her last-minute pausing of the tolling program. CBS News New York's Christina Fan reports.
MTA board members gathered Monday, saying they hope the governor will be able to come through with $15 billion in planned revenue the agency lost when congestion pricing was put on hold last month.
CBS New York's Alice Gainer has the latest on two new ones filed against Gov. Kathy Hochul on Thursday.
New York Gov. Kathy Hochul's sudden pause on congestion pricing is facing two new lawsuits.
New York Gov. Kathy Hochul's sudden pause on congestion pricing is facing two new lawsuits. CBS New York's Alice Gainer reports.
Congestion pricing advocates say Gov. Hochul's pause breaks MTA's promise to add elevators to 95% of stations.
Many want the transit agency to move ahead with its long-term plan to put elevators in 95% of its stations, but understand it will be hard to do without funding. CBS New York's Natalie Duddridge reports.
New York State Sen. John Liu, a Democrat from Queens, is chair of the New York City Education Committee. Watch his full interview on "The Point with Marcia Kramer" on CBS News New York.
Accessibility improvements at Long Island Rail Road stations in Queens have been put on hold after congestion pricing was paused.
Some NYC lawmakers are trying to persuade Gov. Kathy Hochul to restart congestion pricing with a lower charge.
Charging less than the $15 initially proposed is latest idea for finding money for the MTA. CBS New York's Marcia Kramer reports.
CBS New York's political reporter Marcia Kramer talks to New Yorkers about the congestion pricing pause and what it means for mass transit.
The MTA board voted Wednesday to officially put congestion pricing on hold. CBS New York's Derick Waller has a look at what that means for other projects.
New York's congestion pricing plan was modeled off London's congestion charge, so CBS New York sent reporter Ali Bauman across the pond to study its impact. She took a look at how the charge affects British businesses and the environment in London to see what could have been in New York.
CBS New York's Ali Bauman went to London to find out how their congestion charge affects British businesses and the environment to see what could have been in New York.
Gov. Kathy Hochul's decision to put a pause on congestion pricing has forced the MTA board to consider Wednesday what projects might have to be scrapped or put on hold. CBS New York's Elijah Westbrook reports.
Gov. Kathy Hochul's decision to put a pause on congestion pricing has forced the MTA board to consider Wednesday what projects might have to be scrapped or put on hold.
The MTA board is expected to formally put congestion pricing on pause and lay out what New Yorkers will not be getting without the anticipated revenue. CBS New York's Derick Waller has the latest.
CBS New York wanted to know if congestion pricing works in London, so we sent Ali Bauman to investigate.
CBS New York wanted to know if congestion pricing works in London, so we sent Ali Bauman to investigate.
It's been a busy time for New York City Comptroller Brad Lander, taking on two top New York Democrats: Gov. Kathy Hochul and Mayor Eric Adams.
Westchester County Exec. George Latimer is in one of the hottest congressional races in the country. Plus, NYC Comptroller Brad Lander has a lot to say about congestion pricing and the state of New York City. Watch this full episode of "The Point with Marcia Kramer."
Could the cost of congestion pricing come down? Gov. Kathy Hochul may be giving the $15 toll another thought.
Ramon Rivera, the man accused of killing three people in a stabbing rampage in New York City, is due in court today after being charged with three counts murder.
A Red Alert is in effect this morning as snow triggers winter weather alerts in the Tri-State Area.
Connor Zary scored midway through the third period to give the Calgary Flames a win over the New York Rangers on Thursday night.
CBS News New York's Dick Brennan went to JFK, LaGuardia and Newark Airport to find out, is air travel really getting worse?
Mayor Eric Adams' massive rezoning plan known as "City of Yes" cleared a major hurdle Thursday, passing key City Council committee votes, with some modifications. It can now move ahead to a full City Council vote.
Ramon Rivera, the man accused of killing three people in a stabbing rampage in New York City, is due in court today after being charged with three counts murder.
A Red Alert is in effect this morning as snow triggers winter weather alerts in the Tri-State Area.
CBS News New York's Dick Brennan went to JFK, LaGuardia and Newark Airport to find out, is air travel really getting worse?
Mayor Eric Adams' massive rezoning plan known as "City of Yes" cleared a major hurdle Thursday, passing key City Council committee votes, with some modifications. It can now move ahead to a full City Council vote.
A 9/11 memorial was vandalized inside a church in Midtown Manhattan on Wednesday, and police say the suspect is seen on video walking out with a piece of the artwork.
A Red Alert is in effect this morning as snow triggers winter weather alerts in the Tri-State Area.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
It looks like the Tri-State Area will get a substantial soaking of rain later this week, something it definitely needs due to the risk of wildfires.
The risk of wildfire development will remain elevated across the Tri-State Area through the next several days.
A Red Alert is in effect this morning as snow triggers winter weather alerts in the Tri-State Area.
CBS News New York's Dick Brennan went to JFK, LaGuardia and Newark Airport to find out, is air travel really getting worse?
A Woodbridge, New Jersey homeowner was arrested Thursday after investigators say he started a fire that damaged six homes, including his own.
The Justice Department says it found a pattern of misconduct and civil rights violations by the Trenton Police Department.
Burn bans in New Jersey have been lifted after significant rainfall in the state.
A Red Alert is in effect this morning as snow triggers winter weather alerts in the Tri-State Area.
A plan to regionalize some New York public school services has set off alarm bells among Long Island parents and educators.
The iconic Stella Ristorante in Floral Park, Long Island will close on Dec. 31 after 64 years in business.
The weather is shifting and bringing much-needed rain to the Tri-State Area. There may even be snow in parts of New York.
Dozens of Suffolk County homeowners are shocked after they say FEMA denied their requests for aid after storms caused devastating damage in August.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
The suit claims McMahon and others at the WWE were aware of misconduct decades ago and negligent in failing to prevent it.
A plan to regionalize some New York public school services has set off alarm bells among Long Island parents and educators.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
Jodi Rell, who became Connecticut's second female governor when John Rowland resigned in a corruption scandal, has died at 78.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
The packaging label omitted a key ingredient, prompting a Food and Drug Administration recall.
The manufacturer of tumblers sold at Wawa stores says it has received four reports of cuts from the product's metal drinking straws.
Decision to cut topping comes as officials work to confirm source of E. coli outbreak linked to McDonald's Quarter Pounders.
Gov. Kathy Hochul on Tuesday announced a $150 million investment in a new state-of-the-art cell and gene therapy hub to be built on Long Island.
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
The leader of a New York City church where pop star Sabrina Carpenter filmed scenes for a music video has been stripped of his duties.
Sean "Diddy" Combs has tried to reach out to prospective witnesses and sway public opinion from jail in NYC to influence potential jurors in his sex trafficking trial, prosecutors say.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Six Flags announced it shut down the Kingda Ka and Green Lantern roller coasters to make way for two new rides including The Flash coaster.
Connor Zary scored midway through the third period to give the Calgary Flames a win over the New York Rangers on Thursday night.
Lucas Raymond scored with 51 seconds remaining and the Detroit Red Wings beat the New York Islanders on Thursday night.
The New Jersey Devils downed the Carolina Hurricanes on Thursday night.
Yankees outfielder Aaron Judge was a unanimous pick to win his second American League Most Valuable Player Award in three seasons on Thursday.
The new soccer stadium across from Citi Field will be called Etihad Park, NYCFC and the United Arab Emirates airline announced.
Thursday marks exactly 60 years since the Verrazzano-Narrows Bridge opened to much fanfare.
Nov. 29 is the last day for New York City restaurants to remove roadway dining sheds, which will now be seasonal under new regulations set by the City Council.
A new state-of-the-art trash system in NYCHA's Polo Grounds Towers in Harlem promises to tackle energy, rodent and recycling issues.
Families in Central Harlem will soon settle into their new homes at Marcus Garvey Village, which also brings free gathering spaces to the community and an LGBTQ center.
The Hispanic Society's new exhibit traces how different cultures influenced the women of Spain as they found their own voices throughout history.
Dogs got decked out for the annual Tompkins Square Halloween Dog Parade in New York City's East Village on Saturday.
Cosplayers flooded New York City's Javits Center in October 2024 for the annual New York Comic Con convention.
Tens of thousands of people flooded Manhattan streets on June 2, 2024 for the 60th annual Israel Day on Fifth Parade.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
The 50th Annual Village Halloween Parade drew massive crowds, celebrating the theme "Upside/Down:Inside/OUT."
Tony Sadiku has the Tri-State area's updated Friday forecast on CBS News New York at 8 a.m.
Ramon Rivera is charged with three counts of murder. CBS News New York's Elijah Westbrook reports.
Tony Sadiku has the Tri-State Area's updated Friday morning forecast on CBS News New York.
President-elect Donald Trump picked Florida's former attorney general Pam Bondi to lead the DOJ after Matt Gaetz withdrew his nomination. CBS News New York's Jarred Hill reports.
A Red Alert is in effect as it snows in parts of the Tri-State Area. CBS News New York's Christina Fan reports from the Mobile Weather Lab.
