Drivers May Pay $11.52 to Enter Manhattan’s Congested Areas

A new proposal from a panel created by Governor Andrew Cuomo would require drivers coming into central Manhattan to pay a $11.52 daily fee. Vehicles entering the central business district between 6 AM and 8 PM would pay, with a higher fee for trucks and a lower fee for taxis and ride share. The plan would raise an estimated $180 million and reduce traffic by 13 percent. Revenue would fund transit improvements on the city’s decaying subway system. New York would be the first city in the U.S. to implement congestion-zone fees, following in the footsteps of London, Stockholm, and Singapore, which have experienced increased average speeds, greater mass transit use, and improved air quality. Read more about it in this Bloomberg article.