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MTA Says Ridership Won't Fully Rebound, Even After COVID-19 Vaccine Arrives
Robert Foran, the MTA's chief financial officer, said at Wednesday's agency board meeting. "We're going to have to match our service structure and service level to equal rider demand."
An MTA consultant projected ridership rebounding to 92% of pre-pandemic levels, if there's a successful vaccine
As many as 12% of pre-pandemic transit trips will be gone because of working from home
Low amount of tourism and switching modes of transportation will also contribute to declining trips
MTA Says Ridership Won't Fully Rebound, Even After COVID-19 Vaccine Arrives
Robert Foran, the MTA's chief financial officer, said at Wednesday's agency board meeting. "We're going to have to match our service structure and service level to equal rider demand."
An MTA consultant projected ridership rebounding to 92% of pre-pandemic levels, if there's a successful vaccine
As many as 12% of pre-pandemic transit trips will be gone because of working from home
Low amount of tourism and switching modes of transportation will also contribute to declining trips
92% is luny. Many corps have found out they can function just fine with work from home. Why spend vast sums leasing or owning buildings, when you can get the same brainpower w/o needing massive buildings to keep up and pay for?
I'm in a Ct town where 10 months ago, we had tons going to GCT. I know many personally, and have bumped into some of the group who have already been told, there will be no mandate at any time to return to an office.
Consultants have a tendency to state what they think a client wishes to hear. 92% does not pass the "sniff test".
92% is luny. Many corps have found out they can function just fine with work from home. Why spend vast sums leasing or owning buildings, when you can get the same brainpower w/o needing massive buildings to keep up and pay for?
I'm in a Ct town where 10 months ago, we had tons going to GCT. I know many personally, and have bumped into some of the group who have already been told, there will be no mandate at any time to return to an office.
Consultants have a tendency to state what they think a client wishes to hear. 92% does not pass the "sniff test".
I agree. 92% seems very optimistically high but who knows. I can't picture all companies/office workers okay with working from home. There are drawbacks and limitations to that. And it's not practical for some people. But I don't think it'll be 92% any time soon in the near future. Even with a vaccine out.
MTA Says Ridership Won't Fully Rebound, Even After COVID-19 Vaccine Arrives
Robert Foran, the MTA's chief financial officer, said at Wednesday's agency board meeting. "We're going to have to match our service structure and service level to equal rider demand."
An MTA consultant projected ridership rebounding to 92% of pre-pandemic levels, if there's a successful vaccine
As many as 12% of pre-pandemic transit trips will be gone because of working from home
Low amount of tourism and switching modes of transportation will also contribute to declining trips
We actually need it to NOT rebound with passengers. Wasn't the MTA and city complaining just a year ago that there were too many riders. Overcrowding, delays, etc...
The MTA has been resistant to improving efficiency because not only is it a monopoly, it's government subsidized. I suggest we allow some bus routes and train lines to be privatized. We should also reduce MTA leadership pay by the percentage of its system that's privatized. One, we will get to see how efficiently a privatized system is run. Two, it will incentivize the rest of the MTA to get their act together.
With possible fare hikes on the table for the cash-strapped MTA’s 2021 budget, the agency plans to hold a series of virtual hearings on the matter in order to address the financial crisis they are in due to COVID-19.
The public can sign up for these virtual hearings by following this link and dates are below:
92% is luny. Many corps have found out they can function just fine with work from home. Why spend vast sums leasing or owning buildings, when you can get the same brainpower w/o needing massive buildings to keep up and pay for?
I'm in a Ct town where 10 months ago, we had tons going to GCT. I know many personally, and have bumped into some of the group who have already been told, there will be no mandate at any time to return to an office.
Consultants have a tendency to state what they think a client wishes to hear. 92% does not pass the "sniff test".
Quote:
Originally Posted by Aeran
I agree. 92% seems very optimistically high but who knows. I can't picture all companies/office workers okay with working from home. There are drawbacks and limitations to that. And it's not practical for some people. But I don't think it'll be 92% any time soon in the near future. Even with a vaccine out.
In my office, we are at about 25% capacity, with different people choosing different options (some choose one day out of five, some choose one week out of four, a few report every day, etc). I think it works pretty well.
But in any case, I agree, 92% is way too high. Let's say in a couple of years, it goes up to 50% of office workers in the office on any given day (with the offices that require all 5 days to be in-person balanced out by the ones going 100% remote, with a typical office involving staff reporting 2-3 days per week). Add in the essential workers that have to be on-site to perform their duties....I'd say maybe 75% tops.
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