New York City officials have announced a plan to raise parking meter rates in certain parts of the city during high traffic times.
"In what amounts to congestion pricing for parking spaces, parking meter rates would double during heavy traffic periods in portions of Manhattan and Brooklyn as part of an experimental city program beginning this fall, officials said Wednesday."
"The program's goal is to increase turnover in curbside parking spaces in the test areas - a section of Greenwich Village in Manhattan and a stretch of Kings Highway and adjacent streets in the Midwood neighborhood of Brooklyn - so that drivers will spend less time cruising in search of an open space, according to the transportation commissioner, Janette Sadik-Khan."
Read the full story: City to Test Peak Rates for Parking Meters
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