The first underground New York City Subway line opens; the system becomes the biggest in United States, and one of the biggest in the world.
The New York City Subway is a rapid transit system owned by the government of New York City and leased to the New York City Transit Authority, an affiliate agency of the state-run Metropolitan Transportation Authority (MTA). Opened on October 27, 1904, the New York City Subway is one of the world's oldest public transit systems, one of the most-used, and the one with the most stations, with 472 stations in operation (424 if stations connected by transfers are counted as single stations). Stations are located throughout the boroughs of Manhattan, Brooklyn, Queens, and the Bronx.
The system has operated 24/7 service every day of the year throughout most of its history, barring emergencies and disasters. By annual ridership, the New York City Subway is the busiest rapid transit system in both the Western Hemisphere and the Western world, as well as the seventh-busiest rapid transit rail system in the world. In 2017, the subway delivered over 1.72 billion rides, averaging approximately 5.6 million daily rides on weekdays and a combined 5.7 million rides each weekend (3.2 million on Saturdays, 2.5 million on Sundays). On October 29, 2015, more than 6.2 million people rode the subway system, establishing the highest single-day ridership since ridership was regularly monitored in 1985.The system is also one of the world's longest. Overall, the system contains 248 miles (399 km) of routes, translating into 665 miles (1,070 km) of revenue track and a total of 850 miles (1,370 km) including non-revenue trackage. Of the system's 28 routes or "services" (which usually share track or "lines" with other services), 25 pass through Manhattan, the exceptions being the G train, the Franklin Avenue Shuttle, and the Rockaway Park Shuttle. Large portions of the subway outside Manhattan are elevated, on embankments, or in open cuts, and a few stretches of track run at ground level. In total, 40% of track is above ground. Many lines and stations have both express and local services. These lines have three or four tracks. Normally, the outer two are used by local trains, while the inner one or two are used by express trains. Stations served by express trains are typically major transfer points or destinations.As of 2018, the New York City Subway's budgetary burden for expenditures was $8.7 billion, supported by collection of fares, bridge tolls, and earmarked regional taxes and fees, as well as direct funding from state and local governments. As of 2020, its on-time performance rate was 89% during weekdays.