"More people on public transit. More revenue for transit improvements. Less cars on the streets. Less pollution in the air. These were the four primary goals for congestion pricing when it was launched in January after a two-decade battle through public debates and government bureaucracy on all levels. The skeptics said that, like many other government programs, congestion pricing would fail to achieve the stated goals and wind up as a boondoggle, hurting New York City drivers and businesses alike."
"New York state reported that congestion pricing the toll program for all vehicles entering Manhattan south of 60th Street had taken nearly 3 million vehicles off the streets in August, equal to the number reported in June, and more than 17 million vehicles in total since the toll gantries were turned on in January. The MTA has reaped more than $250 million in tolls from drivers and is expected to beat the projected $500 million in revenue in the program's first year."
Congestion pricing launched in January with goals to increase public transit use, raise revenue for transit improvements, reduce cars on streets, and cut pollution. The toll program removed nearly 3 million vehicles in August and more than 17 million vehicles since activation, while generating over $250 million and on track to exceed first-year revenue projections. Transit ridership rose across modes: subways up 9%, buses 13%, LIRR 10%, and Metro-North 7%. Seven-day average subway ridership has stayed above three million and spiked above four million on Sept. 3-5. Continued progress depends on an upcoming federal court decision.
Read at www.amny.com
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