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 Will a deal lock in curbside practices that decades from now will be utterly outdated, in ways we couldn't even predict," writes Noah Kazis.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

building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25
Red necktie with map of Boston

For dads and grads: tie one on to celebrate your city!

Choose from over 20 styles imprinted with detailed city or transit maps.
$44.95

NEW! Get the "Green Bible"

Understand the complexities of planning at the local level while preparing for the AICP* exam. Find out why this edition is included in the APA's recommended reading list.
$105

Essential Readings in Urban Planning

Planning on taking the AICP* Exam? Register for Planetizen's AICP * Exam Preparation Course to save $25.
Currently on backorder