New York City in a Fix
Governor Andrew Cuomo’s blue-ribbon “Fix NYC” panel has released a proposal regarding traffic congestion that addresses many of the city’s problems. The proposal suggests imposing a premium on vehicles entering Manhattan’s central business district, but the proposal does not guarantee that the revenue will truly serve New York City. More thought is needed before any congestion pricing plan is enacted, and we must be sure that the public transit system in the city receives most of the revenue.
The Facts You Need to Know
Cough: New York City has the third worst traffic congestion in the world, and it is getting steadily worse. Read more.
Bridged: The FIX NYC plan does not toll the bridges, and diverts all toll revenue to the state, meaning that none of the money will go to maintain city-run roads or bridges. Read more.
Whom: This plan does not address the fact that a large share of the transit system’s existing revenue goes to funding MTA assets that primarily benefit Long Island and Westchester. Read more.
“No one should pay one penny unless they’ve also improved the way we spend the money. If we’re going to raise funds for the M.T.A., we want to make sure they’re going to be spent wisely.”
The Past is Present
“Yes, the MTA is wasteful and inefficient, spends too much on lawyers and black cars and all the rest of the usual complaints. But big savings have to come from its workforce — or at the expense of its customers.”
On The Calendar
Join TransitCenter and a panel of transit experts, including Manhattan Institute Senior Fellow Nicole Gelinas, to discuss opportunities for reform and the future of building and rebuilding transit in NYC.
And in other news...
“A report released Tuesday by the School of Urban Planning at McGill University suggests that Airbnb is taking between 7,000 and 13,500 units of housing off NYC’s long-term rental market and raising median rents some $30 a month, deepening an affordability crisis even as rents in some neighborhoods have gone down.”