NEW YORK CITY-Thomas Prendergast, who hasserved as interim executive director of the MetropolitanTransportation Authority since JosephLhota resigned to pursue a mayoral run, now has theleadership job at the agency on a more formal basis. The New YorkState Senate has confirmed Prendergast as the MTA's chairman andCEO, the governor's office said Thursday afternoon.

Prendergast brings a literal track record to the top job at theMTA. He served for more than three years starting in late 2009 aspresident of MTA New York City Transit, which runs the subway andbus system in New York City, and for six years between 1994 and2000 as president of the Long Island RailRoad.

In a statement, Gov. Andrew Cuomo notes thatwhile serving as interim head of the transit agency, Prendergastwas “vital to the recovery of the MTA after Superstorm Sandy and hewill continue to play a crucial role in making the MTA more modern,efficient and storm ready.” For his part, Prendergast cites the“enormous challenges” the MTA faces in terms of continuing toimprove service “while cutting costs and rebuilding stronger”post-Sandy.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.