Congestion Pricing Moves Forward

Despite opposition from Assembly Speaker Sheldon Silver, the State of New York has granted the Bloomberg Administration in New York City permission to create a congestion task force, who will study options to fight traffic congestion in Manhattan. One of these options is congestion pricing, with which the City will charge drivers up to $8.00 per day upon entering Manhattan below 86th Street between 6:00 am and 6:00 pm (drivers can subtract the cost of bridge and tunnel tolls from the $8.00 charge). The conditions of the State Legislature and the Federal Transit Administration (who recently committed over $350 Million to the NYC traffic plan) are as follows: