May 24, 2026
29,105
500
53
1.90%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
5:30Now PlayingThe NYC Ferry has its fair share of fans, thanks in part to social media accounts filled with memes and trendy videos featuring boat crew. The posts intend to promote the fun of a ferry ride for both commuters and leisure riders.
But critics point out that it’s an expensive way to get around, especially since fares don’t cover much of the operating costs. In 2022, an audit by the New York City Comptroller found that the city’s Economic Development Corporation, which runs the ferry, had misreported funds and needed a financial turnaround.
The EDC has defended its spending, but the audit was a wakeup call. Since then, the NYC Ferry has a new, more favorable contract with its operator. It raised single ticket prices to $4.50 to cover more costs. And last year it said it saw record ridership—7.4 million passengers—while dropping its subsidy-per-rider down to its lowest yet.
Learn moreNew York City’s Hottest Transit Mode Is a Boat
The city-run fleet of ferryboats is seeing a surge of riders — and social media fame — as it tries to navigate NYC's challenging commuting landscape.
Watch more mini documentaries from Bloomberg
Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance
Visit for business news & analysis, uptotheminute market data, features, profiles and more.
#NYC #Ferry #Transit
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.