Posted 3/27/2024, 4:30:49 PM
NYC Approves $15 Congestion Toll to Cut Traffic, Raise Billions for MTA Projects
- MTA board approved $15 congestion pricing toll to charge drivers entering Manhattan below 60th Street
- Ends yearslong process to implement tolls to reduce traffic and fund MTA projects
- Program faces ongoing lawsuits and opposition from NJ governor, taxi drivers
- Aims to cut Manhattan traffic by 20% and raise $15B for MTA construction
- NYC would be first US city with congestion pricing; seen as potential model for other cities
