Exploring Price Signals and Market Mechanisms for Reducing Gridlock in NYC

Traffic congestion is a defining characteristic of NYC living — but that doesn’t mean we have to accept it. Human health, community livability and economic activity are all compromised by the number of cars that cram onto our limited street space each day. A growing number of activists and policy makers have called for the adoption of price-based approaches, such as congestion relief or curb pricing, to address the problem in an effective and equitable manner. Join internationally known energy and transportation economist Charles Komanoff for an informative discussion of these and other options.

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Congestion Pricing: Here’s the Deal

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Below is a summary of the congestion pricing deal struck this afternoon by Governor Spitzer, Mayor Bloomberg, Assembly Speaker Silver and Senate Leader Bruno. The 17 member congestion pricing commission is made up as follows: 3 appointees — Mayor 3 appointees — Governor 3 appointees — City Council 3 appointees — State Senate majority leader […]

Bridge and Tunnel Traffic Drop Tied to Toll Increase

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The Times reported Saturday that vehicle traffic on Port Authority bridges and tunnels declined by 2.9% in March, in the wake of toll increases that took effect on March 2. In typical bizarre fashion, the Times’ lede asks, “Who needs congestion pricing when plain old toll increases seem to do the job?” Why not this […]

Why Is There So Much Traffic in NYC? It’s the Free Roads, Stupid

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Since the de Blasio administration attempted to cap for-hire cars this summer, the debate over Manhattan traffic has gotten louder, but not more productive. Uber claimed it definitely wasn’t the problem. Some council members wondered if bike lanes were slowing down cars. Amid all the noise, something important got lost. At a hearing about Manhattan traffic this morning convened by Borough President Gale Brewer, a simple […]