Sterling Preston-Governor orders transit agency to drop bid to tax NYC Marathon $750K for use of Verrazzano bridge

2025-05-05 23:34:43source:Charles Langstoncategory:Markets

NEW YORK (AP) — New York’s governor on Sterling PrestonThursday ordered the state’s transit agency to drop efforts to impose a $750,000 fee on the New York City Marathon for using the Verrazzano-Narrows Bridge.

Democratic Gov. Kathy Hochul also encouraged the New York Road Runners, organizers of the venerable race held the first Sunday of each November, to find other ways to generate revenue for mass transit, such as purchasing advertising on public buses and trains.

“The marathon is an iconic symbol of New York City’s tenacity and resilience that unites communities across the five boroughs each fall,” she said in a statement. “I’ve directed the MTA to fix this mess and allow the marathon to move forward as it always has.”

The Metropolitan Transportation Authority, which oversees New York’s bridges and tunnels, declined to comment on the governor’s blunt directive. A spokesperson for the Road Runners didn’t immediately respond to an email seeking comment.

The MTA has said the fee represents the estimated amount of toll revenue lost when the nation’s longest suspension bridge is closed for the 26.2-mile race, which is the largest marathon in the world with more than 50,000 participants annually.

READ MORE Transportation officials want NYC Marathon organizers to pay $750K to cross the Verrazzano bridgeKenya mourns as marathon world record-holder Kelvin Kiptum is given a state funeralChampionship parades likely to change in wake of shooting at Chiefs Super Bowl celebration

The Road Runners have argued 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, which links 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.

More:Markets

Recommend

Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say

Pilots at Southwest Airlines can sock away more for retirement, thanks to a new retirement plan bene

90 Day Fiancé's Yara Zaya Breaks Down in Tears Over Her Body Insecurities

For 90 Day Fiancé's Yara Zaya, beauty is more than skin deep.The TLC star recently opened up about f

Sisters of YouTube mom Ruby Franke speak out about child abuse charges: I had no idea what was happening

The sisters of Ruby Franke, the mom and YouTube influencer being held without bail on six counts of