New_York_City_Omnibus_Corporation

New York City Omnibus Corporation

New York City Omnibus Corporation

Defunct bus company in New York City


The New York City Omnibus Corporation (NYCO, later Fifth Avenue Coach Lines, Inc.) ran bus services in New York City between 1926 and 1962. It expanded in 1935/36 with new bus routes to replace the New York Railways Corporation streetcars when these were dismantled. It further expanded with the acquisition of the Fifth Avenue Coach Company from The Omnibus Corporation in 1954. NYCO was renamed the "Fifth Avenue Coach Lines, Inc." in 1956, becoming bankrupt in 1962, after which operations were taken over by the Manhattan and Bronx Surface Transit Operating Authority.

Quick Facts Founded, Ceased operation ...
Fifth Avenue Coach Lines bus in special holiday service in Times Square, 2009

History

The New York City Omnibus Corporation was formed in 1926 with John A. Ritchie as President.[1] Richie was also president of The Omnibus Corporation founded a year earlier.

The company introduced new bus lines to replace the streetcar lines being withdrawn by the New York Railways Corporation in 1935/36,[2] which The Omnibus Corporation also owned.

In 1954, the company purchased the Fifth Avenue Coach Company from The Omnibus Corporation and renamed itself as "Fifth Avenue Coach Lines, Inc." on May 14, 1956.[3][4] They also acquired the Third Avenue Railway-owned Surface Transportation Corporation on December 17 that same year, and created an operating subsidiary, Surface Transit, Inc., to administer their routes.[5]

The company went bankrupt in 1962 and the services were taken over by the Manhattan and Bronx Surface Transit Operating Authority.

Routes

The routes that were operated by the New York City Omnibus Corporation are listed below.[6]

More information Route, Terminal A ...



References

  1. "Gas-Electric Motorbus Co., Roland Gas-Electric Vehicle Co., New York Motor Bus Co..." New York City Omnibus Corp. was formed in 1926 with Ritchie president)
  2. "Securities and Exchange Commission". 1945. p. 238. The New York Omnibus Corporation, successor to the New York Railways Corporation commenced the operation of bus route in 1936. In all but one year since then it has been profitable
  3. "Guide to the Fifth Avenue Coach Company Collection 1895-1962". New York History Society. In 1954, after acquiring the Hertz car rental business, the Omnibus Corporation sold the assets of the Fifth Avenue Coach Company to the New York City Omnibus Corporation, which was renamed Fifth Avenue Coach Lines in 1956.
  4. "Sidelights: Curve of Market at Tricky Spot". The New York Times. May 15, 1956. p. 56. Stockholders of the New York City Omnibus Corporation have approved a change in name to Fifth Avenue Coach Lines, Inc.
  5. Sparberg, Andrew J. (2014). From a Nickel to a Token: The Journey from Board of Transportation to MTA. Oxford University Press. p. 117. ...on December 17, 1956, Fifth Avenue's management purchased Surface outright.... Upon the takeover, Fifth Avenue created an operating subsidiary named Surface Transit Inc. for the new acquisition.

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