Having lived in New York for a decade and also spent time in London, there's absolutely no comparison. Heck, even just looking at the nightlife: pubs in London shut down before midnight on Fridays and Saturdays. That's completely unheard-of in most of NYC, even bars in the relatively residential areas.
NYC also tends to have other businesses open earlier and close later than London (or most of Europe). In order for that to happen, it's necessary to have people who work the early/late/graveyard shifts, and those people are incredibly dependent on overnight service.
It's unfortunate that you're mixing in overnight service with the rest of the points you make, because you're correct about the rest - the fares are a little too low right now, and rampant corruption at the TWU wastes what little money they do have.
I guess that's a way you could interpret my comment, if you read only the first paragraph and ignore the sentence that literally comes next.
This citizen lives in a city where LOTS of stuff is open late and he/she would like to participate in this city. Not just bars. But even the bars have workers who still need to get there. And I'd guess the nightlife sector of NYC's economy is MUCH larger than any other city in the US.
I highly doubt that’s true.