Peter Park is the director of Peter J. Park, LLC and a former planning director of Denver and Milwaukee. In this interview, Park shares insights from a career of leadership in though and action in the field of urban planning.
There are some very large contingencies still left to resolve (like funding from the federal government) but revenues generated from congestion pricing are allowing for new levels of transit infrastructure spending.
With cordon pricing coming to Manhattan in 2021, New Jersey motorists who pay up to $15 in bridge or tunnel tolls don't want to have to pay another $10 to $14 to drive into the Central District Business tolling zone, but exemptions come with a price.
Finally, congestion pricing, as applied to city cordons, not highways, will be coming to the U.S., thanks to a budget deal approved by the New York State Legislature early Sunday morning. Tolls below 60th Street should begin by Jan. 1, 2021.
New York State Budget Director Robert Mujica penned a Sunday op-ed for the Daily News on the benefits of congestion pricing. On Tuesday, Gov. Cuomo broke the news on WNYC that he and Mayor de Blasio agreed on tolling the central business district.
The 2019 New York City budget includes $106 million to subsidize half the transit fare for qualified residents for six months. The city joins the ranks of Seattle, Toronto, and the Bay Area that offer income-based discounts for transit fares.
Value capture, collecting tax increment from subway adjacent properties to help provide money needed to repair the 114-year old subway system, is proposed by New York Gov. Andrew Cuomo and opposed by the New York City Mayor Bill de Blasio.
Over 1,600 new subway cars may be ordered, a minimum of 200 with open gangways, by the Metropolitan Transportation Authority. The first 500 will be purchased from the Japanese company, Kawasaki, to be assembled in Yonkers and Lincoln, Nebraska.
Motorists and truckers would pay tolls to drive south of 60th Street in Manhattan while passengers in taxis and ride-hailing vehicles would pay a surcharge under a plan released Friday by the Fix NYC panel convened by Gov. Cuomo in October.