NYC and Privatized Parking

NYC is asking private investment banks to submit ideas on how to privatize city assets.

From StreetsBlog.org:

"So far, the city is just asking for ideas. Mayoral spokesperson Marc LaVorgna told us that the city wants to retain "central control" over the operation of city assets, confirming that a private company would not be allowed to set parking meter rates, for example."

A potential deal would need to answer questions, such as: "will the terms of the deal put an additional roadblock in the way of innovative street redesigns that remove metered parking spaces? Will a deal lock in curbside practices that decades from now will be utterly outdated, in ways we couldn't even predict," writes Noah Kazis.

Full Story: NYC Asks Banks For Ideas on Parking Privatization

Comments

Prepare for the AICP* Exam

Join the thousands of students who have utilized the Planetizen AICP* Exam Preparation Class to prepare for the American Planning Association's AICP* exam.
Starting at $245

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $25.
Book cover of the Guide to Graduate Planning Programs 4th Edition

Thinking about Grad School?

The Planetizen Guide to Graduate Urban Planning Programs is the only comprehensive ranking and listing of graduate urban planning programs available.
Starting at $24.95
T-shirt with map of Chicago

Show your city pride

Men's Ultrasoft CityFabric© tees. Six cities available.
$23.00