Word: mta
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...transit systems have received such notoriety through song as did the Metropolitan Transit System last summer. For weeks on end, disk-jockeys played the sad tale of Charlie, trapped on the MTA, never able to escape from the miles of tunnels beneath Boston streets. The MTA, however, has received a more stinging notoriety this year--it has the dubious distinction of losing the most money of any American public transit system. Last year the MTA went $16 million into the red, which was assessed upon the 14 communities served directly by the Authority. And with recent demands made...
...fish has attracted more attention than anything in the restaurant since an MTA bus drove through the window a few years ago," brother John told a reporter yesterday...
...large piece of land that the University hopes to acquire, the 13 1/2 acre area across Boylston St. from Eliot House now occupied by Metropolitan Transit Authority carbarns and storage yards. In February the University disclosed that it had made a "firm offer" for the property, promising the MTA $1 million over the "market value" of the land...
...carbarn facilities were still very much in use, and there was no real indication that the MTA had any intention of selling the land, or even the air rights over it. Nevertheless, the possibility that expansion of the subway system might require relocation of the facilities evidently prompted Harvard to get its bid in early...
There is another still uncertain element in the offer. In the past, the Corporation has virtually never given any indication of its building plans until the last contract is signed and work is ready to get under way. In announcing its "offer" to the MTA the University was taking a calculated risk that it could sell the public on the virtues of taking over the land. Whether this was good strategy remains to be seen...