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

$100 for a Year’s Worth of Parking

A new report [pdf] from the New York City Independent Budget Office explores the idea of a residential permit parking program:

Under the proposal, permit parking zones would be created in selected areas of the city. Within these zones, only permit holders would be eligible for on-street parking for more than a few hours at a time. Permits would be sold primarily to neighborhood residents, although they might also be made available to nonresidents and to local businesses. IBO has assumed an annual charge of $100, with administrative costs equal to 20 percent of revenue.

Opponents might argue that it is inherently unfair for city residents to have to pay for on-street parking in their own neighborhoods. Opponents also might worry that despite the availability of public transportation or off-street parking, businesses located in or adjacent to permit zones may experience a loss of clientele, particularly from outside the neighborhood, because more residents would take advantage of on-street parking. Some opponents may note that in cities and towns that already have residential permits, it appears to have worked best in neighborhoods where single-family homes predominate.

The report claims that two million dollars will be generated the first year of the program, but it fails to mention $46 million in parking revenue that could be reaped if government workers didn't park for free.

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

Friday Video: Are We All Living in a ‘Carspiracy’?

How does "car-brain" shape the way we think about the world — even in relatively bike-friendly countries like the U.K.?

July 26, 2024

Deranged Driver Blows Through Brooklyn Open Streets Barriers

An unhinged motorist plowed through open streets barriers on Hoyt Street in Brooklyn seconds after volunteers set them up earlier this month.

July 26, 2024

Analysis: Can Hochul Be Sued into Overturning Her ‘Unlawful’ Congestion Pricing Pause?

Will either suit win — or, more important, force Hochul to settle?

July 26, 2024

Eric the Relic: In Blaming Dead Pedestrians, Adams Seizes Long-Discredited and Hateful Messaging

It's a time-honored car culture tactic: If you can’t or won’t protect pedestrians, make them take the rap.

July 25, 2024
See all posts