NYC Ferry is experiencing rising ridership with over 7 million riders in the 2024 fiscal year, which marks an 8% increase from the previous year.
Despite increased ridership, NYC Ferry is facing a growing annual deficit, prompting the city to focus on shoring up the ferry system financially.
The Economic Development Corporation emphasizes their efforts are currently directed toward operational efficiency, increased fare revenue, and enhancing ridership without immediate plans for expansion.
New pricing structures have been implemented, maintaining lower costs for regular commuters while slightly increasing costs for occasional riders, effectively reducing the per-rider subsidy in recent years.
[
Collection
]
[
|
...
]