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As MTA hiked fare, Lhota handed out pay raises

Former MTA chairman Joseph Lhota on John Street

Photo credit: Charles Eckert | Former MTA chairman Joseph Lhota on John Street in Manhattan. (Jan. 22, 2013)

Former MTA chairman Joseph Lhota handed out retroactive pay raises -- totaling more than $250,000 -- to the agency's top three presidents and a retired executive at a time when the agency is hiking fares.

The lump sum payments to the four executives -- one as high as $98,000 -- were issued in December, just before Lhota stepped down to run for mayor.

Adam Lisberg, a spokesman for the...

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