HUDSON COUNTY — The NY Waterway Ferry System has announced fare increases effective April 1. On their website, NY Waterway cited increased operating costs and decreased ridership as a reason for the changes in the fare structure.
One of the reasons ridership is down may be due to the increase in unemployment, according to NY Waterways Founder and CEO, Arthur Imperatore.
“I hope our customers are mindful that we have not made an increase since 2008,” wrote Imperatore in a letter to customers.
A service advisory said that operating expenses have been reduced where possible and “minor service changes” will be implemented on a few routes.
Also included in the statement was a note that the fare increases are far less than recent increases announced by other transportation providers.
NY Waterways receives no financial support from government agencies and the fares paid by riders have to cover all operating costs and the financing, maintenance and insurance of the vessels, as well as fees to land boats at publicly-controlled terminals.
NY Waterway has terminals in Weehawken, Hoboken, Jersey City, and Edgewater.
To see the fare increases for a specific route, click HERE. Then come back and comment below.
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