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’s Headlines: Canal Street Follies Edition

Manhattan Borough President Mark Levine isn't happy. Plus other news.

April 26, 2024

Community Board Wants Protected Bike Lane on Empire Blvd.

Brooklyn Community Board 9 wants city to upgrade Empire Boulevard's frequently blocked bike lane, which serves as a gateway to Prospect Park.

April 26, 2024

The Brake: Why We Can’t End Violence on Transit With More Police

Are more cops the answer to violence against transit workers, or is it only driving societal tensions that make attacks more frequent?

April 26, 2024

Report: Road Violence Hits Record in First Quarter of 2024

Sixty people died in the first three months of the year, 50 percent more than the first quarter of 2018, which was the safest opening three months of any Vision Zero year.

April 25, 2024
See all posts