Congestion Pricing for anyone driving in NYC is back on the table. With the removal of Assembly Speaker Sheldon Silver and the MTA’s $15 billion capital-plan deficit, Sam Schwartz’s Move NY plan could fix both congestion and the deficit.
Move NY Plan’s premise is to increase costs of driving into Manhattan where there are good public transport options, and reduce the costs where there are limited public transportation options. As a result, the flow of traffic gets spread around the various NYC bridge and tunnel crossings.
HIGHLIGHTS OF MOVE NY PLAN
- East River bridges — implement tolls of $5.54 for E-ZPass users, $8 for others on the Queensborough/Koch Bridge, Manhattan Bridge, Brooklyn Bridge, Williamsburg Bridge.
- Crossing below 60th Street in Manhattan — implement toll of $5.54 for E-ZPass users, $8 for others.
- Outer Borough Bridges — reduce tolls from $5 to $2.50
- Off Peak Hours — lower toll rates
- NYC Taxis and app-based services — implement a surcharge based on a distance entered below 96th St in Manhattan.
BENEFITS OF MOVE NY PLAN
- Generate $1.5 billion in net revenue.
- Reduced congestion on bridges that are currently free to use by spreading out the traffic amongst all East River crossings. The four bridges that currently do not have tolls account from more than 1 million trips each day, according to Crain’s New York. The tolled Midtown Tunnel and Brooklyn Battery Tunnel (Hugh L. Carey) are underutilized.
15-20% improvement in travel speeds south of 60th Street
- 6% improvement in travel speeds on approaches to the CBD
- Vehicular trips into Manhattan’s central business district will decrease by 100,000 annually.
- 4-5% increase in taxi usage, and more fares per cabbie shift.
- 110,000 net additional trips to the CBD per day, but 100,000 fewer auto entries.
- Implement safety measures in support of Mayor de Blasio’s Vision Zero program
- 75 million hours per year saved in subway trips due to 21st century modernization of our of public transit system