Posts Tagged Transit

Jan
14
2015

2014: A Landmark Year for Subsidy Accountability

Two-thousand fourteen was a banner year for our movement, hands down. The first move to require standardized subsidy-cost reporting! The first half of a legally-binding two-state cease fire deal! The first state ban on tax-break commissions! A big surge found in state disclosure of subsidies! Big improvements to our Subsidy Tracker, enabling first-ever mash-ups!

May
29
2013

Bosses for Buses

For Release Wednesday, May 29, 2013
Contact: Greg LeRoy 202-232-1616 x 211

“Bosses for Buses”
Study: Employer Support for Transit is Surging Locally but Fractured Nationally

Jun
14
2012

Americans for Transit

Responding to the nation’s public transportation crisis, the Amalgamated Transit Union (ATU) and Good Jobs First (GJF) announced today the launch of Americans for Transi

Dec
22
2011

Manual for Organizing Transit Riders Features Creative Community Victories

Good Jobs First today published a grassroots organizing manual for riders of public transportation seeking to preserve and improve transit service.

Mar
25
2011

Bondholders of Yankee Stadium Garage Bonds Get Extra Innings

The April 1 deadline for the Bronx Parking Development Corporation to get its act together is no prank. Thanks to a glut of parking space at the new – subsidized to the hilt - Yankee Stadium, the parking garages, also subsidized to the hilt, have gone so unused the owners are struggling to pay its bondholders. It was widely reported that the $237 million in private activity bonds to finance the garage were going to default at the end of next week. However, today Juan Gonzalez at the Daily News reports that directors at the firm agreed to dip into its debt reserves (again) to pay the bondholders as well changes to its operations, like getting approval for expenses from an appointee chosen by the bondholders.
 
We can’t say New Yorkers didn’t see this coming.