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Deluge of new deals distracts from secondary
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New York City, MTA ramp up storm management dialogue
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Overpowering fundamentals are keeping muni rates steady
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When’s the congestion pricing check going to arrive?
The MTA’s progress on New York City road tolling is moving about as fast as Lower Manhattan traffic at rush hour. Mayor de Blasio with a check symbolizing how much revenue would come from congestion pricing. Ed Reed/Mayoral Photography Office The must-read daily newsletter for NY s political community. Get it in your inbox.
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There’s a $15 billion check with the Metropolitan Transportation Authority’s name on it, if only it can get an ambitious new road tolling program off the ground to fund it.
The state Legislature passed congestion pricing – a plan for tolling vehicles entering in Manhattan’s Central Business District – in 2019 as a way to generate revenue for mass transit and traffic and its harmful effects on the environment. Champions of the concept celebrated the state’s approval of congestion pricing in 2019, noting that New York City wo