Gov. Hochul postponed NYC congestion pricing, impacting $15B transit upgrades. The program intended to reduce Manhattan traffic, improve air quality, and raise crucial funds for the aging MTA system, now on hold as alternative funding options are explored.
Projects such as Phase 2 of Second Avenue Subway and the Interborough Express are now uncertain due to the delay in congestion pricing. $1B annually from congestion pricing was crucial for these initiatives.
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