Details released on congestion tolls for New York City drivers [View all]
Source: Associated Press
Details released on extra tolls for New York City drivers
August 10, 2022
NEW YORK (AP) Drivers entering the heart of New York City would pay an extra $9 to $23 as soon as the end of next year under a plan aimed at reducing congestion in the countrys most congested city.
Details on the plan, known as congestion pricing, were included in an environmental assessment released Wednesday that is part of the federal regulatory process. The tolls arent expected to be put into effect until the end of next year at the earliest, and would be the first of their kind used in the U.S. Other cities including London, Stockholm and Singapore have used similar plans.
Drivers entering Manhattan south of 60th Street would be charged electronically. According to the environmental assessment, travel speeds in Manhattans central business district decreased 22%, to an average of about 7 mph, between 2010 and 2019, and drivers experience about 102 hours of lost travel time per year as a result. Local bus speeds have decreased 28%.
Revenue from the tolls, projected to be roughly $1 billion annually, will be used to finance borrowing to upgrade the citys mass transit systems.
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Read more: https://apnews.com/article/new-york-manhattan-city-4a8c87a91cb191aeb19c6160e2a441a1