New York City’s latest urban mobility transformation comes in the form of a $9 base congestion toll, as Governor Kathy Hochul revises the long-delayed pricing scheme for Manhattan’s central business district. Having witnessed the city’s chronic transit disinvestment come to a head during 2017’s “Summer of Hell”, I can say this marks a crucial shift in how the city manages its traffic and transit funding challenges. The mechanics of this vehicular access pricing system, which Hochul plans to announce Thursday, demonstrate both political pragmatism and technical complexity. Hochul’s administration has reduced the originally proposed $15 peak-hour toll by 40%, creating … Continue reading New York Approves $9 Congestion Toll to Fund $15B Transit Bonds and Reduce Manhattan Traffic