livingston
20×102mm Vulcan
New York Gov. Cuomo Asks Private Companies to Help Fix Subways
Democratic New York Governor Andrew Cuomo has asked the private sector to help foot the bill to fix the subway in New York City. From New York Daily News:
“We have to change our attitude. This is our MTA [Metropolitan Transportation Authority], right? This is our transit system,” Cuomo told members of the Association for a Better New York as he stood beneath a jumbo screen that flashed the words “We must change our attitude: OUR MTA.”
“There has to be an air of civic engagement and participation, investment in this system.”
Cuomo’s position has changed dramatically in the past week. He first said that fixing the subway remained “the city’s legal obligation,” but admitted that the state would help out “because it’s the right thing to do ‘on a moral level.'”
But I guess New York City and the state of New York has squandered too much tax money because Cuomo has offered the private sector to join a “partnership council” for the small price of $250,000. From Reuters:
He said firms including BlackRock, Estee Lauder and Blackstone already agreed to contribute the funds, and that companies could “adopt a station” to help fund cleaning, art or even wireless internet service for additional contributions up to $600,000.
Such an approach could open the door to subway stations branded with corporate names.
New York Gov. Cuomo Asks Private Companies to Help Fix Subways
Democratic New York Governor Andrew Cuomo has asked the private sector to help foot the bill to fix the subway in New York City. From New York Daily News:
“We have to change our attitude. This is our MTA [Metropolitan Transportation Authority], right? This is our transit system,” Cuomo told members of the Association for a Better New York as he stood beneath a jumbo screen that flashed the words “We must change our attitude: OUR MTA.”
“There has to be an air of civic engagement and participation, investment in this system.”
Cuomo’s position has changed dramatically in the past week. He first said that fixing the subway remained “the city’s legal obligation,” but admitted that the state would help out “because it’s the right thing to do ‘on a moral level.'”
But I guess New York City and the state of New York has squandered too much tax money because Cuomo has offered the private sector to join a “partnership council” for the small price of $250,000. From Reuters:
He said firms including BlackRock, Estee Lauder and Blackstone already agreed to contribute the funds, and that companies could “adopt a station” to help fund cleaning, art or even wireless internet service for additional contributions up to $600,000.
Such an approach could open the door to subway stations branded with corporate names.
New York Gov. Cuomo Asks Private Companies to Help Fix Subways
