Richard Ravitch, Who Helped Save NYC in 1970s, Dies at 89

Richard Ravitch, the civic leader and crisis manager who in the 1970s helped save New York City from near bankruptcy and then led its struggling subway system to recovery, has died at age 89, a spokesperson for his family said Monday.

Ravitch, who also once served as New York’s lieutenant governor, died Sunday in a Manhattan hospital, the New York Times reported, citing his wife, Kathleen M. Doyle.