MTA will not raise fares due to Sandy
The head of the MTA says riders will not be stuck paying for the cost of repairs caused by Superstorm Sandy.
Despite more than $5 billion in damage and lost business, the agency says it won't need to alter its fare hike proposals already in place for next year.
The MTA says it hopes to cover most of the storm-related costs with aid from FEMA and insurance reimbursements.
Stations and tracks were flooded during Sandy, causing major service disruption for four days. The MTA estimates there were 620,000 fewer riders on Metro-North this October compared with the same time last year.