![]() ![]() ![]() Two years later, the state gave the MTA approval to design a congestion pricing program. Ultimately, it was the need to improve New York City’s public transit that became the rallying cry for congestion pricing.Įach day, 700,000 cars, taxis and trucks pour into Lower Manhattan, one of the busiest areas in the world with some of the worst gridlock in the United States.Ĭars travel at just 7.1 mph on average in the congestion price zone, and it’s a downward trend. Public bus speeds have also declined 28% since 2010. New Yorkers lose 117 hours on average each year sitting in traffic, costing them nearly $2,000 in lost productivity and other costs, according to one estimate. The toll is designed to reduce the number of vehicles entering the congestion zone by at least 10% every day and slash the number of miles cars travel within the zone by 5%.Ĭongestion comes with physical and societal costs, too: more accidents, carbon emissions and pollution happen as honking cars take up space that could be optimized for pedestrians and outdoor dining. Proponents also note it will improve public transit, an essential part of New York life. About 75% of trips downtown are via public transit.īut public-transit ridership is 25% to 30% lower compared to pre-pandemic levels, according to the MTA. The MTA says congestion fees will generate a critical source of revenue to fund $15 billion in future investments to modernize the city’s 100-year-old public transit system. The improvements, like new subway cars and electric signals, are crucial to draw new riders and improve speed and accessibility - especially for low-income and minority residents, who are least likely to own cars, say plan advocates. ![]()
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