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New York Is Spending Billions To Fix Its Failing Subway System

The Metropolitan Transportation Authority revealed Phase 1, which includes removing seats from cars to cut overcrowding.

New York Is Spending Billions To Fix Its Failing Subway System
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New York's transit authority just revealed Phase 1 of an $8.8 billion plan to fix its mounting subway issues. 

The big reveal follows a string of problems for the Metropolitan Transportation Authority — including train derailments and a power outage that stranded riders for hours in June. Shortly after that, Gov. Andrew Cuomo declared a subway state of emergency

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Phase 1 will cost about $840 million and it includes adding train cars with no seats to cut down on overcrowding. 

It'll also be accelerating signal repairs and renovating more subway cars. Cuomo noted: "The oldest subway cars are 52 years old. They literally should be in a museum." The system itself is over a century old. 

MTA Chairman Joe Lhota wants the cost of the subway makeover to be split between the city and the state, but it's still unclear whether that will happen.