New York Gov. Kathy Hochul says she is indefinitely delaying the implementation of congestion pricing in Manhattan just weeks before the plan was to take effect.
The controversial plan would have had drivers pay $15 to enter Manhattan south of 60th street. Commercial vehicles and trucks would have paid more. The governor reportedly had concerns about affordability and the potential impact to the city’s post-pandemic economic recovery.
If implemented the congestion pricing plan would have been the first of its kind in the U. S. Some cities overseas, including London and Stockholm, have implemented similar plans.
The revenue raised by the plan was to be spent on critical transportation upgrades and maintenance. It would have helped improve the city’s subway system and improve other public transit options in the city and in the suburbs.
Hochul said she will continue to support transit improvements even without the dedicated funding from congestion tolls.
Related Stories
Resiliency | Nov 5, 2020
CRE investors are concerned that cities aren’t resilient enough for climate change
A new ULI-Heitman report states that the biggest challenge to valuation is measuring urban risk mitigation.
Multifamily Housing | Oct 22, 2020
The Weekly show: Universal design in multifamily housing, reimagining urban spaces, back to campus trends
BD+C editors speak with experts from KTGY Architecture + Planning, LS3P, and Omgivning on the October 22 episode of "The Weekly." The episode is available for viewing on demand.
Urban Planning | Jan 23, 2020
Unicorn Island’s first building nears completion
The building is the first on the 67-hectare island.
AEC Tech | Jan 16, 2020
EC firms with a clear ‘digital roadmap’ should excel in 2020
Deloitte, in new report, lays out a risk mitigation strategy that relies on tech.
Urban Planning | Jan 13, 2020
Henning Larsen designs all-timber neighborhood for Copenhagen
The project hopes to set a standard for how modern communities can live in harmony with nature.
Urban Planning | Jan 8, 2020
BIG partners with Toyota to unveil Toyota Woven City
It will be the world’s first urban incubator dedicated to the advancement of all aspects of mobility.
Urban Planning | Jan 3, 2020
BIG unveils Downtown Brooklyn Public Realm vision
BIG and WXY Architects are co-leading the project.
Urban Planning | Nov 22, 2019
Culdesac Tempe will be the country’s first from-scratch, car-free neighborhood
The neighborhood is scheduled to launch in 2020.
Sustainability | Nov 8, 2019
South Korea plans to build three hydrogen-powered cities by 2022
The Ministry of Land, Infrastructure, and Transport is in charge of the project.
Urban Planning | Nov 6, 2019
Does investment in public transit pay off in economic development and growth?
Despite recent data about ridership declines, a new report on mass transit is optimistic.
