Skip to Content
Streetsblog New York City home
Streetsblog New York City home
Log In

This morning, the Partnership for New York City publicly released its long-awaited study, Growth or Gridlock: The Economic Case for Traffic Relief and Transit Improvements for a Greater New York. London's congestion charging initiative was kick-started, in large part, by a similar report published by London First, that city's version of the Partnership. From today's report: 

Looking at just a limited set of costs and industry sectors and using very conservative assumptions, economists assisting the Partnership in the preparation of this report were able to identify more than $13 billion in annual costs to businesses and consumers, billions in lost economic output and tens of thousands of lost jobs that result from severely overcrowded conditions on the region's streets and highways. Every year, these losses will grow if something is not done to reduce the number of vehicles moving through the region during the peak periods.

Download the report here (PDF).

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

Stockholm Leader’s Message to NYC: ‘Congestion Pricing Just Works’

"In Stockholm, people really thought that congestion pricing would be the end of the world, the city will come to a standstill, no one would be able to get to work anymore and all the theaters and shops would just go bankrupt. None of that happened."

May 3, 2024

Friday’s Headlines: Trump Trial Trumps Safety Edition

Is anyone going to bother to fix the dangerous mess on the streets and plazas around the Trump trial? Plus more news.

May 3, 2024

Adams Offers Bare Minimum to Seize Congestion Pricing’s ‘Space Dividend’ Opportunity

The mayor's list of projects supposedly meant to harness congestion pricing's expected reduction in traffic is mostly old news, according to critics.

May 2, 2024

OPINION: Congestion Pricing Will Help My Family Get Around As We Navigate Cancer Treatment

My partner was recently diagnosed with cancer. Congestion pricing will make getting her to treatment faster and easier.

May 2, 2024
See all posts