Private Bus Lines To Go Public By June 30
Under an agreement arranged by the Metropolitan Transportation Authority (MTA) and the city, the agency will take over seven private bus lines, including Green Bus and Jamaica Bus, by June 30.
The heavily-subsidized private companies will then become part of a regional transit system.
The seven private companies are subsidized to the tune of $100 million a year with public money.
"Some of the overlapping routes will be eliminated," an MTA spokesperson said, admitting that the private companies would have to raise their fares to bring them in line with the new MTA fare increases that went into effect on May 4.
The seven private lines now run 1,300 buses that carry more than 114 million passengers each year.
"This plan will be mutually beneficial to the city and the MTA," Mark Shaw, a deputy mayor said. Shaw was formerly an MTA Executive Director before moving over go work with the city.
In addition to Green Bus and Jamaica Bus, the other companies that will become public under the plan are New York Bus, Command Bus, Liberty Line, Triboro Coach and Queens Surface.