{"id":82689,"date":"2020-10-06T02:18:46","date_gmt":"2020-10-05T23:18:46","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/kill-bill-de-blasios-white-elephant-ferry-now\/"},"modified":"2020-10-06T02:18:46","modified_gmt":"2020-10-05T23:18:46","slug":"kill-bill-de-blasios-white-elephant-ferry-now","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/kill-bill-de-blasios-white-elephant-ferry-now\/","title":{"rendered":"#Kill Bill de Blasio\u2019s white-elephant ferry now"},"content":{"rendered":"

“#Kill Bill de Blasio\u2019s white-elephant ferry now<\/strong>”
\n<\/p>\n

\n Here\u2019s another program that should be zeroed out ASAP in the city\u2019s dire fiscal straits: Mayor de Blasio\u2019s white-elephant NYC Ferry system.<\/p>\n

The mayor\u2019s a huge fan, but he\u2019s gone in just 14 months; no successor will feel any real ownership of the ferries, and cash is going to be scarce.<\/p>\n

As it is, the system is burning tens of millions of dollars in subsidies \u2014 $53 million from the de Blasio-controlled city Economic Development Corp. last year alone.<\/p>\n

That\u2019s not the only waste this mayor is funding with the EDC: A few years ago it was sending more than $100 million a year in profits from its investments to the general<\/a> fund; now it\u2019s just $28 million or so<\/a>.<\/p>\n

As state Sen. John Liu (D-Queens), a former city comptroller, put it, \u201cThe problem is that it\u2019s not part of the budgeting process; it\u2019s a unilateral decision on the part of the mayor, just to keep one of his pet projects afloat.\u201d<\/p>\n

De Blasio insists the ferry is a boon for all New Yorkers. Launching it in 2017, he even hailed it as \u201ca new day for our city.\u201d<\/p>\n

But it\u2019s not a major new commuter service, certainly not for working-class folks. The EDC\u2019s own ridership surveys show that higher-income commuters are the main beneficiaries of the highly subsidized rides. Most passengers use it for sightseeing.<\/p>\n

EDC analysts found that 64 percent are white, while riders\u2019 media<\/a>n annual income falls in the $75,000 to $99,000 range. And the city burns an average $9.34 in subsidies for each fare.<\/p>\n

Save this money for teachers, cops or Yiddish-speaking contact tracers: The public can\u2019t afford any more failed pet projects.\n <\/p><\/div>\n

\n

For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Kill Bill de Blasio\u2019s white-elephant ferry now” Here\u2019s another program that should be zeroed out ASAP in the city\u2019s dire fiscal straits: Mayor de Blasio\u2019s white-elephant NYC Ferry system. The mayor\u2019s a huge fan, but he\u2019s gone in just 14 months; no successor will feel any real ownership of the ferries, and cash is going…<\/p>\n","protected":false},"author":1,"featured_media":82690,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2020\/10\/stefan_jeremiah_de-blasio_NYC-Ferry-e1601939874300.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[74353,5042,74494,43,74495,74496],"class_list":["post-82689","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-10-5-20","tag-bill-de-blasio","tag-east-river-ferry","tag-editorial","tag-ferries","tag-public-transportation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/82689","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=82689"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/82689\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/82690"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=82689"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=82689"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=82689"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}