Article 6Y4GK Congestion Pricing in Manhattan is a Predictable Success

Congestion Pricing in Manhattan is a Predictable Success

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msmash
from Slashdot on (#6Y4GK)
Manhattan's congestion pricing program has reduced traffic by 10% and cut car-noise complaints by 70% in its first six months of operation, according to city data. The $9 daily toll for vehicles entering Manhattan below 60th Street began January 5, generating approximately $50 million monthly for subway and public transit improvements. Buses now travel fast enough that drivers must stop and wait to maintain schedules, while subway ridership has increased sharply since the program launched. Broadway theater attendance has risen rather than declined as some critics predicted. Polling shows more New Yorkers now support the toll than oppose it, a reversal from widespread opposition before implementation. The policy took nearly 50 years to enact despite originating from Columbia University economist William Vickrey's work in the 1960s. Congress blocked a similar proposal in the 1970s, and the current program faced a six-year implementation delay after Governor Andrew Cuomo signed it into law in 2019. Governor Kathy Hochul postponed the launch in 2024 before allowing it to proceed after Donald Trump's presidential election victory.

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