Current:Home > StocksTransportation officials want NYC Marathon organizers to pay $750K to cross the Verrazzano bridge -Horizon Finance Path
Transportation officials want NYC Marathon organizers to pay $750K to cross the Verrazzano bridge
View
Date:2025-04-25 19:44:09
NEW YORK (AP) — The New York City Marathon organizers will soon have to pay a bridge toll, just like every other commuter, if New York transit officials have their way.
The Metropolitan Transportation Authority is demanding the New York Road Runners, organizers of the venerable race generally held the first Sunday of each November, pay roughly $750,000 for use of the Verrazzano-Narrows Bridge.
The agency that oversees New York’s bridges and tunnels says the fee represents the estimated amount of toll revenue lost when the nation’s longest suspension bridge is closed.
“New Yorkers love Marathon Sunday, but taxpayers cannot be expected to subsidize a wealthy non-government organization like the New York Road Runners to the tune of $750,000,” said Catherine Sheridan, president of MTA’s department of bridges and tunnels, in a statement.
But the Road Runners have pushed back, arguing the MTA enjoys increased revenue from greater transit ridership during marathon week that “more than makes up” for any lost toll revenue from the bridge. The Verrazzano-Narrows Bridge connects the New York City boroughs of Brooklyn and Staten Island, and is named after the first European explorer to sail into the New York Harbor.
The organization also noted that the 2019 marathon generated an estimated $427 million for the city, significantly boosting tourism, tax revenues and the economy, according to an economic impact report it commissioned in 2020.
“The impact of MTA’s request would represent a material change to the cost structure and would require an increase to how much runners pay to run the Marathon, making it less affordable for local runners and those who travel to New York City from around the world—both of whom contribute hundreds of millions of dollars to the City’s and State’s economy,” Crystal Howard, a spokesperson for the organization, said in an emailed statement.
She said the organization has repeatedly asked the MTA to provide data to back up their claim of $750,000 in lost revenue loss but have not received it.
The agency has also declined to share data regarding the revenue generated by the increased ridership during marathon week, despite Gov. Kathy Hochul’s office announcing after last year‘s marathon that the MTA enjoyed “record subway ridership” on race day, Howard said.
The Road Runners, she added, are willing to negotiate with transit officials, but any resolution should reflect the “significant value” the agency derives from the marathon, which the organization says has been run over the bridge since 1976.
The MTA has also threatened to restrict the marathon to using just one of its two decks of traffic if it doesn’t pay up, but the Road Runners have said such a move would significantly hinder the race, which is the largest marathon in the world, welcoming more than 50,000 participants annually.
The organization said it might have to either decrease the field of runners or extend the total time of the marathon, forcing the bridge and other roadways in the city to be closed even longer on race day.
The MTA declined to respond to follow up questions, but Sheridan, in her statement, said the agency is similarly open to working with the organization on a compromise, provided it “leads, over time, to full reimbursement for the lost revenue.”
veryGood! (1)
Related
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- NFL makes historic flex to 'MNF' schedule, booting Chiefs-Patriots for Eagles-Seahawks
- A look inside the United States' first-ever certified Blue Zone located in Minnesota
- Protester critically injured after setting self on fire outside Israeli consulate in Atlanta
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Alec Baldwin did not have to pay to resolve $25M lawsuit filed by slain Marine's family
- Iowa court affirms hate crime conviction of man who left anti-gay notes at homes with rainbow flags
- At COP28, the Role of Food Systems in the Climate Crisis Will Get More Attention Than Ever
- Tom Holland's New Venture Revealed
- Madagascar’s top court ratifies president’s reelection in vote boycotted by opposition
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Watch this deer, who is literally on thin ice, get help from local firefighters
- Woman found dead by rock climbers in Nevada in 1997 is identified: First lead in over 20 years on this cold case
- Macaulay Culkin Tears Up Over Suite Home Life With Brenda Song and Their 2 Sons
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Biden rule aims to reduce methane emissions, targeting US oil and gas industry for global warming
- Movie armorer in ‘Rust’ fatal shooting pleads not guilty to unrelated gun charge
- New California mental health court sees more than 100 petitions in first two months
Recommendation
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
Virginia Environmental Groups Form New Data Center Reform Coalition, Call for More Industry Oversight
New California mental health court sees more than 100 petitions in first two months
Kenyan cult leader sentenced to 18 months for film violations but still not charged over mass graves
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Man who avoided prosecution as teen in 13-year-old’s killing found guilty of killing father of 2
Endless shrimp and other indicators
Semitruck failed to slow down before deadly Ohio crash, state report says