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The Franchises Subcommittee voted to approve a new franchise agreement for the Roosevelt Island Tram at the request of the Mayor’s Office. On January 5, 2017, the City Council’s Subcommittee on Zoning and Franchises voted 5-0 to approve a resolution granting a new franchise for the Roosevelt Island Aerial Tramway to the Roosevelt Island Operating Corporation. The tramway is an icon of New York City tourism and has been featured in several films such as Odyssey, the Ultimate Trip (1977), Nighthawks (1981) and Spider-Man (2002). The tram services the 14,000 residents on Roosevelt Island daily—approximately 2.5 million people ride the tram each year. (read more…)