NYC bus letters

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Possible Answers: MTA.

Last seen on: Wall Street Journal Crossword – Sep 15 2018 – Past Imperfect

Random information on the term “MTA”:

The Metropolitan Transportation Authority (MTA) is a public benefit corporation responsible for public transportation in the U.S. state of New York, serving 12 counties in Downstate New York, along with two counties in southwestern Connecticut under contract to the Connecticut Department of Transportation, carrying over 11 million passengers on an average weekday systemwide, and over 850,000 vehicles on its seven toll bridges and two tunnels per weekday. MTA is the largest public transit authority in the United States.

In February 1965, New York Governor Nelson Rockefeller suggested that the New York State Legislature create an authority to purchase, operate, and modernize the bankrupt Long Island Rail Road (LIRR), which was being operated by the Pennsylvania Railroad (PRR) at the time. The proposed authority would also have the power to make contracts or arrangements with other commuter-railroad operators in the New York City area.[3] On May 21, 1965, the legislature chartered the Metropolitan Commuter Transportation Authority (MCTA) to take over the operations of the LIRR.[4] Governor Rockefeller appointed his top aide, Dr. William J. Ronan, as chairman and chief executive officer of the MCTA.[5] In June 1965, the state finalized an agreement to buy the LIRR from the PRR for $65 million.[6] The MCTA made a down payment of $10 million for the LIRR in December 1965,[7] and it had completed the rest of the payment by the next month.[8]

MTA on Wikipedia