May 10, 2017
“After the second incident at the DeKalb Avenue subway station in just three days, throwing the commutes of tens of thousands of New Yorkers into a miserable snarl, it is time for the Governor’s Office and the MTA to prove how seriously the State takes the impact that an underfunded and outdated transit system has had on straphangers’ daily lives as well as our local and statewide economies.
“This is why I am calling upon the New York City Independent Budget Office (IBO) to conduct an economic impact analysis of the recent Metropolitan Transportation Authority (MTA) subway outages, studying the lost economic productivity of hundreds of thousands of workers and the resulting impact to business in our city and state as well as lost tax revenue.
“Tax revenue is directly correlated with the strength of our city’s economy, of which the transit system is the lifeblood.”
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