NEW YORK (AP) 鈥 Richard Ravitch, a former lieutenant governor and longtime civic leader known for his role in steering New York City through the fiscal crisis of the 1970s and stabilizing its mass transit system in the 1980s, has died. He was 89.
His death Sunday at a Manhattan hospital was confirmed by his wife, Kathleen Doyle.
Ravitch, a lifelong New Yorker, was called upon frequently over six decades to untangle some of the region鈥檚 knottiest problems, earning a reputation as a public sector fixer who brought colorful language and strong opinions to budget wrangling and deal-making.
While working as a real estate developer for his family鈥檚 company, he was first enlisted by Gov. Hugh Carey in 1975 to help rescue New York鈥檚 failing Urban Development Corporation, crafting a bailout package that helped the state entity stave off bankruptcy.
Later that year, Ravitch organized a last-minute rescue package with the city teachers' union that allowed New York City itself to avoid bankruptcy.
In 1979, Carey, a Democrat, appointed Ravitch to lead the Metropolitan Transportation Authority, which operates the largest transit system in the country. To rescue the rapidly disintegrating system, he took on debt to fund repairs and threatened fare hikes in order to secure state funding 鈥 a move that surprised and angered Carey.
Ravitch worked without a salary, surviving a transit strike while creating the Metro-North Railroad and reimagining the agency's budgeting process.
鈥淚n many ways, he is one of the fathers of the mass transit system that we have today,鈥 Janno Lieber, the head of the MTA, said in a statement on Monday.
Ravitch left the MTA in 1983 after clashing with Gov. Mario Cuomo, but remained an influential figure in New York, leading the city鈥檚 Charter Revision Commission, helping to rescue the Bowery Savings Bank and running a failed 鈥渙utsider鈥 campaign against then-Mayor Ed Koch.
He was hired by Major League Baseball in late 1991 as its chief labor negotiator as owners prepared to push for a salary cap. Players struck in August 1994 and Ravitch was pushed aside by acting commissioner Bud Selig three months into the walkout, then resigned in December.
He returned to politics in 2009 when he was appointed lieutenant governor by Gov. David Paterson, a position he later , with characteristic honesty, as 鈥渢he most useless experience of my life.鈥
Even in his final months, he was a close observer of New York鈥檚 fiscal struggles, publishing a series of earlier this year that called on state leaders to address the MTA鈥檚 budget shortfalls through new revenue sources.
In a statement, Gov. Kathy Hochul described Ravitch as 鈥渁 titan of New York鈥檚 civic world who left an indelible mark鈥 on the state.
Ravitch is survived by his wife, two children from his first marriage and 13 grandchildren. Two earlier marriages ended in divorce. His first wife, the former Diane Silvers, was U.S. assistant secretary of education from 1991 to 1993.