Residential Parking Permits in NYC?
November 22, 2013

In most of NYC’s residential areas, you can park on the street for free. In exchange for that free NYC street parking, you’ll also put up with moving your car twice a week for NYC’s Alternate Side Parking Regulations for street cleaning and circling the blocks to actually find a space.

A NYC parking garage, on the other hand, can cost you $300 – $600 per month depending on your neighborhood. For this price, your car is safe, is warm in the winter and doesn’t get damaged by chemicals to melt the snow, and is ready when you need it.

But how much would New Yorkers pay for a Residential Street Parking Permit that let them park in their neighborhood? Theoretically, the benefit would be more available NYC street parking, but no guarantees of getting a spot. Vehicles would still be subject to nature (rain, snow, wind, dirt) and human nature (damage, theft).  Transport researchers Zhan Guo of New York University and Simon McDonnell of the City University of New York surveyed a small group of New Yorkers and report that roughly 53 percent of New Yorkers are willing to pay something for residential street spaces — and this something averaged about $400 a year.

But the research is a bit flawed. Guo and McDonnell had only 244 respondents and surveyed only households outside the Manhattan core —  in the Bronx, Brooklyn, and Queens — how much they were willing to pay for a residential street permit. Keep in mind that New York is the only major U.S. city that doesn’t issue them, so the respondents were coming from a baseline parking cost of zero.

Some interesting outcomes from the survey:

  • People most willing to pay for residential parking lived on congested streets.
  • Drivers who said they could typically find a spot within a minute of their home were willing to be $25 a month for parking. Those who walked more than 3 minutes from spot to home were willing to pay double.
  • Many of people who expressed a desire for parking permits lived in car-free households and frequently rode public transit.

Read more from The Atlantic Cities article.

‧••‧

Comments are closed.