![]() ![]() In addition, during my tenure I have appointed new leadership at the operating agencies by selecting new presidents at NYC Transit, Long Island Rail Road and Metro-North Railroad, a new general counsel and a new MTA chief safety officer. This office includes the managing director, president, chief development officer and chief financial officer. When I agreed to return to the MTA it was with the understanding that I would maintain my private sector positions and delegate day-to-day responsibility to a new team. Accordingly, I created the Office of the Chairman for the purpose of managing the MTA. The proposed Fast Forward plan provides the roadmap for modernizing the entire system. There is still a long way to go to achieve the performance that New Yorkers demand and deserve. In September 2018 the number of total train delays fell to the lowest point since February 2016. The plan has produced a 34.8% decline in major subway incidents causing delays (a comparison of 9/2017 to 9/2018). The Subway Action Plan was developed in my first month at the MTA and it has successfully arrested the subway's decline. ![]() In late spring 2017, following a well-documented period of rapid deterioration of transit services, I volunteered to become MTA chairman with the sole purpose of halting the decline of service and stabilizing the system for my fellow New Yorkers. His commitment and robust support to enhance and modernize the MTA into an integrated 21st century transportation system is unmatched and unwavering. The Governor understands the over-arching importance of mass transit for the people and the economy of New York. His non-stop drive, enormous energy and vision are re-creating a better and stronger MTA. I want to take this opportunity to thank Governor Cuomo for the trust and support he has given me. You can read Lhota's full statement below: The Times has previously estimated that upgrading the signaling system for every subway line could take 50 years and cost $20 billion. Transit projects in New York are far more expensive than those in comparable cities throughout the world partly because of generous compensation for workers and high costs from contractors, both of whom are allowed to negotiate their rates without input from any New York City agencies. Account icon An icon in the shape of a person's head and shoulders. ![]()
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