New York City appears to be heading towards a congestion pricing plan for Manhattan drivers.
The plan, which is expected to be adopted as early as April 1, would make New York the first U.S. city to charge drivers extra when they motor in the busiest neighborhoods. According to the New York Times, the premium would apply from 60th Street in Midtown Manhattan down to the Battery. The plan is not expected to start until 2021.
The fees, which could run over $10 per trip, would raise billions of dollars to fix the city’s subway system and reduce traffic on the city’s most clogged streets. Congestion pricing has already been adopted abroad in London, Stockholm and Singapore, among other places.
Fees would be higher at peak times, and reduced during off hours. Fees would be charged through an electronic tolling system, most likely expanding upon existing technology used for cashless tolling at bridges and tunnels in the region.
Related Stories
Resiliency | Feb 16, 2016
Obama establishes federal earthquake risk management standard
The standard requires federal agencies to use earthquake-resistant design provisions in current building codes.
Codes and Standards | Feb 12, 2016
ISO releases national assessment and state-by-state building codes evaluation
Report covers 87% of U.S. population.
Codes and Standards | Feb 12, 2016
Huge fraud case involving alleged engineering impostors uncovered in California
Hundreds of buildings may have to be demolished.
Codes and Standards | Feb 11, 2016
New York governor makes emergency design-build authorization
The declaration was issued in response to Winter Storm Jonas which dumped over 18 inches of snow in parts of the state.
Green | Jan 29, 2016
USGBC names top 10 states for LEED green building
Illinois leads the list for the third straight year.
Codes and Standards | Jan 25, 2016
Dept. of Energy releases decision guides for plug and process loads
Plug and process loads consume about 30% of the primary energy in U.S. commercial buildings today.
Codes and Standards | Jan 22, 2016
ConsensusDocs releases new multi-party IPD agreement and joining agreement
The documents serve as a comprehensive revision of previous IPD agreement
Codes and Standards | Jan 22, 2016
State Savings Calculator analyzes savings associated with energy codes
The calculator breaks down the cost-effectiveness of energy codes on a state-by-state basis.
Codes and Standards | Jan 22, 2016
Metal Roofing Seaming Guide published by Metal Construction Association
The free document is specifically tailored for metal roof installation.
Codes and Standards | Jan 22, 2016
Treasury Dept. will start crackdown on illicit money in luxury real estate
The move is expected to impact high-end condo development.
