New York City to Lose Almost $600 Million in Parking Revenue

July 23, 2020 at 4:02 PM UTC

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New York City is estimated to lose more than $590 million in parking revenue this year due to the pandemic, according to a study of 65 cities.

New York’s parking fees are the highest in the world, according to the report by Fixter, a car-maintenance firm based in the United Kingdom.