New York could become the first US city to implement a congestion fee for motorists entering its busiest areas, which may not only de-clog streets but also boost public-transit ridership. A new plan laid out by the Metropolitan Transportation Authority and other agencies could charge drivers as much as $23 to enter Manhattan’s central business district, driving up the cost of a round trip by car from, say, Princeton, New Jersey, to as much as $120.
The new fees, which could go into effect as early as 2023, are projected to bring in $1 billion a year for the MTA, which runs the city’s public transit system and is facing a financial crisis as ridership continues to lag behind pre-pandemic levels. Other major cities such as Singapore and London, as well as smaller municipalities like Oxford, UK, already have congestion pricing policies to tamp down traffic. Bloomberg’s Skylar Woodhouse and Michelle Kaske report today on CityLab: Driving Into Manhattan Is About to Get Even More Expensive