New York City Transit

New York City Transit Authority

The New York City Transit Authority (trading as MTA New York City Bus/Subway and Access-A-Ride) provides bus, subway, and paratransit service throughout New York City.
Overview
Owner	Metropolitan Transportation Authority (bus) City of New York (subway)
Locale	New York City
Transit type	Subways, Buses and BRT
Number of lines	230 bus 25 subway
Chief executive	Veronique Hakim
Headquarters	2 Broadway, New York, NY 10004
Operation
Began operation	1953
Operator(s)	NYCT Department of Buses (bus) NYCT Department of Subways (subway) SIRTOA (Staten Island Railway)
Number of vehicles	4,525 buses 6,344 subway cars 63 SIR cars

The New York City Transit Authority (also known as NYCTA, The TA or simply Transit, and branded as MTA New York City Transit) is a public authority in the U.S. state of New York that operates public transportation in New York City. Part of the Metropolitan Transportation Authority, the busiest and largest transit system in North America, the NYCTA has a daily ridership of 7 million trips (over 2 billion annually).

The NYCTA operates the following systems:

As part of establishing a common corporate identity, the Metropolitan Transportation Authority in 1994 assigned popular names to each of its subsidiaries and affiliates. The New York City Transit Authority is now known popularly as MTA New York City Transit (NYCT), (or more specifically on the vehicles, MTA New York City Bus and MTA New York City Subway), though the former remains its legal name for documents and contracts. Newer contracts and RFPs, however, have also used the popular name.

The Authority is also sometimes referred to as NYCT (for New York City Transit), or simply the TA (for Transit Authority).

The Chairman and Members of the MTA, by statute, also serve as the Chairman and Members of the Transit Authority, and serve as the Directors of the Manhattan and Bronx Surface Transit Operating Authority. The Executive Director of the MTA is, ex officio, Executive Director of the Transit Authority.

The Transit Authority has its own management structure which is responsible for its day-to-day operations, with executive personnel reporting to the agency president. Veronique “Ronnie” Hakim is the current President of New York City Transit.

The subway system today is composed of what once were three separate systems in competition with one another. Two of them were built and operated by private companies: August Belmont's Interborough Rapid Transit Company (IRT) and the Brooklyn-Manhattan Transit Corporation (BMT). The third, the public Independent Subway System (IND) was owned and operated by the City of New York. The IRT and BMT systems were acquired by the city on June 1, 1940 for $317,000,000 and consolidated with the IND into the New York City Board of Transportation (NYCBOT).