News of the congestion pricing plan being approved today has spread quickly, with an understandable amount of mixed feelings.
Congestion pricing won’t be in full effect until around 2021, with several details that need to be worked out over the next two years. What we do know so far is that drivers will be charged over $10 to drive within the busiest areas of Manhattan, stretching from 60th Street in Midtown to Battery. This will be the first state in the United States to implement congestion pricing, but this has been done (with successful results) in London and Stockholm.
The positive and negative outcomes have yet to be determined, but the bad news is that ride share companies are worried how their businesses will be affected after implementation. They’re currently deciding whether it’s worth it to stay in NYC or just pull the plug on the city all together. According to a few sources, they’re going to announce the decision by the end of the month… we’ll keep you updated!
featured image: flickr.com