New York Metropolitan Transportation Authority (MTA) Chairman Peter S. Kalikow will resign effective upon the nomination and confirmation of his successor. The second longest serving chairman in the MTA’s history, Kalikow is currently in his seventh year at the position and served as a board member for two years prior to becoming chairman. During his tenure Kalikow transformed one of the oldest fleets in the nation to one of the newest, through the purchase of 4,400 subway cars, commuter railcars and buses. He was also vital in the quick restoration of post 9/11 public transit services in New York and the securing of funds for the agency’s ambitious Second Avenue Subway line. “As both a longtime public servant and an avid supporter of term limits as a means to maintain healthy and effective government leadership,” Kalikow said, “I believe the public will be best served by my decision.”