Dick Ravitch, New York’s fiscal superman
The developer who helped save the city and later kept the subway on track died on June 25th
SUBWAY CARS were blanketed with graffiti inside and out when Richard Ravitch, who died on June 25th, became the head of the Metropolitan Transportation Authority (MTA) in 1979. Years of low investment meant the subway’s infrastructure was falling apart. Maintenance was deferred for months, if not years. The MTA’s workers had not had a pay rise in five years. The agency was deep in the red.
This article appeared in the United States section of the print edition under the headline “Fiscal superman”
United States July 8th 2023
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