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Showing posts with the label Congestion Pricing

NYC Congestion Pricing

Recently, the plan for congestion pricing in New York City, specifically within the Borough of Manhattan, was approved by the New York City Council.  Congestion pricing would charge most drivers $8 for the privilege to drive south of 60th St. between 6am and 6pm during the weekdays.  Trucks, taxis and other vehicles may pay different rates, and there are a number of exemptions as well.  The congesting pricing plan is meant to encourage the use of mass transit. But of course, as things tend to happen in New York State, this plan must be approved by the New York State Legislature in order for the City to get $354 million in federal grants that would used in order to finance congestion pricing.  However, with several state legislators based in downstate New York in opposition to the plan, getting congestion pricing through may be easier said than done. The state legislature has a deadline of midnight on Monday, April 7, 2008 to approve the congestion pricing plan.  Governor David Paterson...