by Kurt
I was in Grand Central this morning and saw a pair of M1s, ( I think), # 8102 and 8103. Both had a sticker near the B end of the cars that said "Owned by the Port Authority Of NY & NJ, Leased to the Metropolitian Transportation Authority." Was this done before the formation of Metro North in order to get additional funding to purchase the cars, when Conrail was providing the commuter service to the State? Who actually owns theses cars now, or does Metro North have to make lease payments on them still?