Why New York wants to be more like London
Next year the city will charge cars for driving downtown, only two decades late
William vickrey, an economist, first proposed congestion pricing in 1952 for New York’s subways and later for roads. It has taken decades, some false starts and some stalling, but the idea finally has the green light in the Big Apple. Earlier this month the Metropolitan Transportation Authority (MTA), the agency tasked with implementing congestion pricing, gave the fee-scheme the go-ahead. From May (probably), 21 years after London made a similar move, drivers of cars entering Manhattan’s central business district will have to pay $15. Lorries, depending on their size, will be charged $24 or $36. Taxis will face a $1.25 surcharge per ride, rather than fees every time they enter the zone. Rideshare drivers, such as Uber, will get a $2.50 charge. At night, fees will be 75% cheaper.
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This article appeared in the United States section of the print edition under the headline “New London”
United States December 16th 2023
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