NYC Ferry carried 7.4 million passenger trips in FY2025, while the city subsidised each trip by an average of $8.33 across six routes serving all five boroughs
New York City's ferry service has seen significant growth, now serving around 7.4 million passengers. To keep fares affordable amidst increasing demand, public funding remains essential. Over the years, rising ridership and fare revenues have lowered the subsidy needed per trip. NYCEDC is committed to balancing operational costs with equitable…
The Economic Times ·