Alex Who is the owner of the New York City Bus Company?
Originally a school bus company founded in the mid-1940s, it was best known for providing express bus service between Midtown Manhattan and eastern sections of the Bronx from 1970 until July 1, 2005, when the city (MTA) assumed the company’s operations from longtime owner Edward Arrigoni.
How much does the New York bus company get paid?
The MTA Bus Company (the successor to the private line operations) meanwhile agreed to pay Arrigoni and the other NYBS owners six million dollars annually for use of its depot and maintenance facilities for a period of twenty years, with an option to purchase afterwards.
When did the New York school bus service start?
The company began as the “station wagons-for-hire” business of Ferdinand E. Arrigoni. It was officially founded in either 1944 or 1945 under the name Parochial Bus Service to provide school bus service. It began operating racetrack services from the Bronx and Upper Manhattan in 1949, then operating as New York Bus Tours.
When did NYBS stop operating as a bus route?
On July 1, 2005, NYBS ceased operations and the former bus routes began operating under MTA Bus. The MTA has since renamed the garage to Eastchester Depot.
Originally a school bus company founded in the mid-1940s, it was best known for providing express bus service between Midtown Manhattan and eastern sections of the Bronx from 1970 until July 1, 2005, when the city (MTA) assumed the company’s operations from longtime owner Edward Arrigoni.
The MTA Bus Company (the successor to the private line operations) meanwhile agreed to pay Arrigoni and the other NYBS owners six million dollars annually for use of its depot and maintenance facilities for a period of twenty years, with an option to purchase afterwards.
On July 1, 2005, NYBS ceased operations and the former bus routes began operating under MTA Bus. The MTA has since renamed the garage to Eastchester Depot.
The company began as the “station wagons-for-hire” business of Ferdinand E. Arrigoni. It was officially founded in either 1944 or 1945 under the name Parochial Bus Service to provide school bus service. It began operating racetrack services from the Bronx and Upper Manhattan in 1949, then operating as New York Bus Tours.