
“…congestion pricing by a number of measures is working as planned, a reality that may turn New York’s experiment into a blueprint for other US urban centers. Early indicators point to a significant drop in pollution in parts of Manhattan, according to a Cornell University study, with traffic declining by 11% in the tolled zone. The Metropolitan Transportation Authority, which implemented the new toll, is poised to beat its target this year of generating $500 million of revenue from the program after expenses. And the business impact in the district, which runs from 60th street to the southern tip of Manhattan, doesn’t appear to be as onerous as some had feared… New York City as a whole performed better than its neighboring counties, which saw smaller increases in sales-tax collections.”
Posted by ICantCoexistWithFish