Officials recently released an environmental assessment that analyzes seven different possible pricing schemes for New York City’s congestion pricing program.
The program, expected to begin in late 2023 or early 2024, would charge vehicles a fee for entering the city’s central business district in lower Manhattan south of 60th Street. The study examined the potential impact of various fee structures ranging from $5 to $23 for passenger cars and $12 to $82 for commercial trucks.
Emergency vehicles and those transporting people with disabilities would be exempt. Low-income residents who live inside the zone would be eligible for state tax credits.
All fee systems studied except one would raise at least $1 billion per year. The volume of vehicles entering the central district would decline by 15% to 20% and public transit ridership could increase by up to 2%, the study found.
The U.S. Department of Transportation must approve the city’s plan before it can be implemented.
Related Stories
| May 11, 2012
CRSI appoints Brace chairman
Stevens also elected to board of directors and vice-chair.
| May 11, 2012
Dempster named to AIA College of Fellows
Altoon Partners’ technical and construction services leader honored for his contributions.
| May 11, 2012
AIA launches education and training portal
New portal to host Contract Documents training, education resources in one convenient place.
| May 10, 2012
Chapter 7 When Modern Becomes Historic: Preserving the Modernist Building Envelope
This AIA CES Discovery course explores the special reconstruction questions posed by Modern-era buildings.
| May 10, 2012
Chapter 6 Energy Codes + Reconstructed Buildings: 2012 and Beyond
Our experts analyze the next generation of energy and green building codes and how they impact reconstruction.
| May 10, 2012
Chapter 5 LEED-EB and Green Globes CIEB: Rating Sustainable Reconstruction
Certification for existing buildings under these two rating programs has overtaken that for new construction.
| May 10, 2012
Chapter 4 Business Case for High-Performance Reconstructed Buildings
Five reconstruction projects in one city make a bottom-line case for reconstruction across the country.
| May 10, 2012
Chapter 3 How Building Technologies Contribute to Reconstruction Advances
Building Teams are employing a wide variety of components and systems in their reconstruction projects.
| May 10, 2012
Chapter 2 Exemplary High-Performance Reconstruction Projects
Several case studies show how to successfully renovate existing structures into high-performance buildings.
| May 9, 2012
Chapter 1 Reconstruction: ‘The 99% Solution’ for Energy Savings in Buildings
As a share of total construction activity reconstruction has been on the rise in the U.S. and Canada in the last few years, which creates a golden opportunity for extensive energy savings.