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 2, 2012
Trimble acquires SketchUp 3D modeling platform
The transaction is expected to close in the second quarter of 2012.
| May 2, 2012
Building Team completes two additions at UCLA
New student housing buildings are part of UCLA’s Northwest Campus Student Housing In-Fill Project.
| May 2, 2012
Public housing can incorporate sustainable design
Sustainable design achievable without having to add significant cost; owner and residents reap benefits
| May 2, 2012
SMPS Foundation accepting applications for Garikes Scholarship
One outstanding scholar will be selected this year to receive a $1,500 scholarship award, to be used toward academic expenses, such as tuition and fees, books, supplies, and other similar expenses.
| May 2, 2012
Sasaki selected for 2012 National Planning Firm Award
The award recognizes a firm for its body of distinguished work influencing the planning profession.
| May 1, 2012
White paper discusses benefits of diaphragm and piston flushometer valves
The white paper highlights considerations that impact which type of technology is most appropriate for various restroom environments.
| May 1, 2012
Time-lapse video: World Trade Center, New York
One World Trade Center, being built at the site of the fallen twin towers, surpassed the Empire State Building on Monday as the tallest building in New York.
| May 1, 2012
Bruce E. Brooks Associates announces new commissioning subsidiary
Brooks + Wright Commissioning to be led by Will Wright.