"Twelve months later, state officials are touting data that shows the program is accomplishing its goal of cutting vehicle traffic in Manhattan's Central Business District (CBD). The MTA newly reported Monday that there were 27 million, an average of 11%, fewer vehicles entering the CBD in congestion pricing's first year. That breaks down to roughly 73,000 fewer vehicles a day."
"Those include 23% faster vehicle speeds on crossings into Manhattan, a 6.3% increase in sales tax revenue, and two times more private sector job growth vs. the national average. Late last year both also reported a 4.3% increase in car speeds, a 22% drop in air pollution, and 23% less noise complaints to the city's 311 hotline within the CBD."
Congestion pricing began charging a $9 base toll to enter Manhattan below 60th Street during peak hours one year ago. Vehicle entries to the Central Business District fell by about 27 million, an 11% decline, equating to roughly 73,000 fewer vehicles per day. Vehicle speeds on crossings into Manhattan increased substantially. Sales tax revenue rose 6.3% and private sector job growth outpaced the national average by twofold. Measurements also showed increases in car speeds, a 22% decline in air pollution, and a reduction in noise complaints. Subway ridership also grew during the congestion pricing period.
Read at www.amny.com
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