Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Cuomo Selects Transit Veteran Prendergast as New York MTA Chief

Thomas F. Prendergast, a 38-year transit veteran who oversees New York’s subways, will take over as chairman of the Metropolitan Transportation Authority, Governor Andrew Cuomo said.

Prendergast, 60, who began a career in transit in his native Chicago in 1975, has presided over the city’s network of subways and buses for the past three years. He’s been serving as interim MTA executive director since January, when Chairman Joseph Lhota stepped down to a pursue a run for New York mayor.

“From the track bed to the budget, to modernizing our system for the 21st century, I can’t imagine anyone having a better understanding of how the region’s vast system operates and the challenges that it faces,” Cuomo said today in a statement.

Prendergast helped revive the subway system after it was flooded last year during Hurricane Sandy, for which the agency was widely praised. He’ll be the seventh leader of the MTA in the past seven years. New York’s Senate must confirm the nomination.

The MTA, the biggest U.S. transit agency, employs 66,000 workers, has a $13 billion budget and carries 8.5 million riders a day on subways, buses and commuter railroads.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.