Interior of the money train via Wikipedia
In order to collect fares from various stations, the MTA created a special armored train that moved all the subway and bus fares collected to a secret room at 370 Jay Street in Downtown Brooklyn. As Untapped Cities learned, the money trains, which ran from 1951 to 2006, had 12 collecting agents and one supervisor, all of whom were armed and wearing body armor. After the Metrocard arrived, the revenue collection system changed, and the final armored train rode in January 2006 on the same day the Money Room closed.
Six nights per week, multiple money trains would pick up fares from 25 to 40 stations on each run. The train had two cars, with one holding the collecting agents and the revenue in the second. The collections would then be delivered to the Department of Revenue’s Money Room, which was inside the 13-story building on Jay Street. To make the process discreet, the building was equipped with special security systems, a secret elevator on the second floor, and even special tunnels.
A Money Room employee uses a currency counter and sorter to process 30 bills per second
Prior to the Money Room, fares were collected from station booths and transported using a car. Tokens were introduced two years after 370 Jay Street opened but were later phased out completely by 2003.
As 6sqft recently reported, the former MTA headquarters at 370 Jay Street is being transformed by NYU into a$500 million expansion of its Downtown Brooklyn tech campus for the Tandon School of Engineering.
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All photos by Patrick Cashin / MTA New York City Transit