Trump’s Victory Brings New Urgency to Revive NYC’s Congestion Pricing
Also today: The Boston Marathon’s boost to the local economy, and NYC moves to end brokers fees squeezing renters.
Traffic on 10th Avenue in New York, on June 5, 2024.
Photographer: Jeenah Moon/BloombergNew York Governor Kathy Hochul announced on Thursday a plan to revive congestion pricing for drivers entering large parts of Manhattan, months after abruptly halting the initiative just as it was set to begin. The new plan will charge motorists a daily $9 toll during peak hours, instead of $15.
Hochul had previously argued that the prior tolling structure would have hurt working families and small businesses. The revised congestion plan would still need federal approval to begin, and Hochul is seeking to push it through before the inauguration of President-elect Donald Trump, who has previously committed to terminating the program, Michelle Kaske and Myles Miller report today on CityLab: NYC Congestion Pricing Plan With $9 Toll to Start in January