• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

Current price of oil as of July 24, 2026

1

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

2

Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for

3

Current price of oil as of July 24, 2026
FinanceNew York City

New York City transportation officials want the NYC Marathon to pay $750,000 to cross the Verrazzano bridge

By
Philip Marcelo
Philip Marcelo
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Philip Marcelo
Philip Marcelo
and
The Associated Press
The Associated Press
Down Arrow Button Icon
April 4, 2024, 4:29 AM ET
Runners cross the Verrazzano-Narrows Bridge at the start of the New York City Marathon in New York, on Nov. 6, 2022.
Runners cross the Verrazzano-Narrows Bridge at the start of the New York City Marathon in New York, on Nov. 6, 2022. Seth Wenig—AP
Add Fortune on Google for similar content.

The New York City Marathon organizers will soon have to pay a bridge toll, just like every other commuter, if New York transit officials have their way.

Recommended Video

The Metropolitan Transportation Authority is demanding the New York Road Runners, organizers of the venerable race generally held the first Sunday of each November, pay roughly $750,000 for use of the Verrazzano-Narrows Bridge.

The agency that oversees New York’s bridges and tunnels says the fee represents the estimated amount of toll revenue lost when the nation’s longest suspension bridge is closed.

“New Yorkers love Marathon Sunday, but taxpayers cannot be expected to subsidize a wealthy non-government organization like the New York Road Runners to the tune of $750,000,” said Catherine Sheridan, president of MTA’s department of bridges and tunnels, in a statement.

But the Road Runners have pushed back, arguing the MTA enjoys increased revenue from greater transit ridership during marathon week that “more than makes up” for any lost toll revenue from the bridge. The Verrazzano-Narrows Bridge connects the New York City boroughs of Brooklyn and Staten Island, and is named after the first European explorer to sail into the New York Harbor.

The organization also noted that the 2019 marathon generated an estimated $427 million for the city, significantly boosting tourism, tax revenues and the economy, according to an economic impact report it commissioned in 2020.

“The impact of MTA’s request would represent a material change to the cost structure and would require an increase to how much runners pay to run the Marathon, making it less affordable for local runners and those who travel to New York City from around the world—both of whom contribute hundreds of millions of dollars to the City’s and State’s economy,” Crystal Howard, a spokesperson for the organization, said in an emailed statement.

She said the organization has repeatedly asked the MTA to provide data to back up their claim of $750,000 in lost revenue loss but have not received it.

The agency has also declined to share data regarding the revenue generated by the increased ridership during marathon week, despite Gov. Kathy Hochul’s office announcing after last year‘s marathon that the MTA enjoyed “record subway ridership” on race day, Howard said.

The Road Runners, she added, are willing to negotiate with transit officials, but any resolution should reflect the “significant value” the agency derives from the marathon, which the organization says has been run over the bridge since 1976.

The MTA has also threatened to restrict the marathon to using just one of its two decks of traffic if it doesn’t pay up, but the Road Runners have said such a move would significantly hinder the race, which is the largest marathon in the world, welcoming more than 50,000 participants annually.

The organization said it might have to either decrease the field of runners or extend the total time of the marathon, forcing the bridge and other roadways in the city to be closed even longer on race day.

The MTA declined to respond to follow up questions, but Sheridan, in her statement, said the agency is similarly open to working with the organization on a compromise, provided it “leads, over time, to full reimbursement for the lost revenue.”

About the Authors
By Philip Marcelo
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in Finance

Fortune Brainstorm E 2016
Success250 Years of Innovation
Bechtel CEO: to build America’s future, we must first build the builders
By Brendan BechtelJuly 25, 2026
5 minutes ago
family
Real EstateHousing
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going ‘back to the early 1900s’
By Nick LichtenbergJuly 25, 2026
1 hour ago
t
CommentaryCommunity
Ronald Reagan center director: How to talk politics with family, friends and neighbors, without losing them
By Frederick J. Ryan, Jr.July 25, 2026
1 hour ago
An F/A-18E Super Hornet, attached to Strike Fighter Squadron (VFA) 14, makes an arrested landing on the flight deck of Nimitz-class aircraft carrier USS Abraham Lincoln
SuccessWealth
Defense tech investors thought the war in Iran could make them millionaires. Instead, they faced a Wall Street bloodbath
By Preston ForeJuly 25, 2026
3 hours ago
An 11-year-old is cleaning his neighbors’ trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
SuccessCareers
An 11-year-old is cleaning his neighbors’ trash cans for $10 each—he now has 100K followers as teens face the worst summer job market since 1948
By Orianna Rosa RoyleJuly 25, 2026
3 hours ago
Capital One’s big bet on baseball—and why they think it can help win the credit card loyalty wars
Arts & EntertainmentCapital One Financial
Capital One’s big bet on baseball—and why they think it can help win the credit card loyalty wars
By Sheryl EstradaJuly 25, 2026
4 hours ago

Most Popular

'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Economy
'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
By Eleanor PringleJuly 24, 2026
1 day ago
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
Big Tech
Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
By Sydney LakeJuly 23, 2026
2 days ago
Current price of oil as of July 24, 2026
Personal Finance
Current price of oil as of July 24, 2026
By Joseph HostetlerJuly 24, 2026
1 day ago
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
Economy
The $39 trillion U.S. national debt isn’t as high as Japan’s and Singapore’s relative to economy size—and yet it's still worse somehow
By Sasha RogelbergJuly 23, 2026
2 days ago
Current price of silver as of Friday, July 24, 2025
Personal Finance
Current price of silver as of Friday, July 24, 2025
By Joseph HostetlerJuly 24, 2026
1 day ago
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
Real Estate
The millennial generation has split, new Fed research shows: Those over 35 are edging toward boomer-style wealth, while everyone else falls behind
By Nick LichtenbergJuly 22, 2026
3 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.