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Congestion Pricing Could Bring 20% Traffic Reduction: MTA CEO
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January 6, 2025
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5:19Now PlayingNew York City kicked off the first congestion pricing program in the US, part of an effort to reduce the number of vehicles in the world’s most traffic-clogged urban area while raising money for transit infrastructure.
“This is about being a 21st-century city where we don’t spend all our time stuck in traffic,” Janno Lieber, the chief executive officer of the Metropolitan Transportation Authority, which is implementing the new toll, said Monday in an interview with Tom Keene and Paul Sweeney on Bloomberg Radio. Lieber anticipates a 10% to 20% reduction in traffic over time.
The new toll began just after midnight on Sunday, with the big test coming as commuters return to the city for the regular weekday rush hours. Motorists driving into the zone south of 60th Street in Manhattan will now pay $9 during peak hours as part of a plan to bring $15 billion to the MTA, the agency that runs the city’s century-old subway and commuter-rail lines that are desperately in need of upgrades.
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