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by indoordinosaur
3133 days ago
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The world's best subway by many measures is the MTR in Hong Kong. Not only is it entirely privately run but it turns a profit which they then take to build more lines. The MTR Corporation is also building London's new 73 mile Crossrail line which opens up next year after being under construction for less than 10 years. 13 Miles of Crossrail is in underground tunnels beneath the densest part of the city. In terms a New Yorker would understand, this project is like if the entire length of the 2nd avenue subway in Manhattan got built along with extensions into the Bronx and Brooklyn in 10 years and under budget. I can't see NY selling off their subway to a private entity anytime soon but what if a Mayor allowed MTR or another corporation to come in and build a competing line in some part of the city? The amazingly efficient new line might light a fire under the ass of the broader NYC subway to start operating more efficiently. Or as the new line begins to make more profit it could buy NYC lines one by one until it's running most of it. This way the debt bomb of the MTA won't destroy the city because it won't affect all major transit lines. |
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