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

Big Builders Explain Why Congestion Pricing is Important

In a letter to Marc Shaw, Chairman of the New York City Traffic Mitigation Commission, the New York Building Congress urged the Commission to support a congestion pricing plan that dedicates all revenues to capital improvements for the city's transit system. The NYBC also indicated their support for the MTA's propsed fare hike "as merely one element of a long-term multi-layered response to the considerable financial challenges faced by the MTA." Download the letter and here's an excerpt:

The economic health of our City and State depends on robust transit infrastructure, which has become increasingly difficult to maintain, not to mention grow, using existing funding mechanisms alone.

The wisdom of Mayor Bloomberg's congestion pricing plan is that, in addition to reducing traffic and helping to clean the environment, it allows for a balanced, well-financed, long-range capital program that will encourage increased use of mass transit over the long term. With a dedicated and predictable flow of revenue, New York could reliably plan and execute complex, multi-year transportation projects.

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

SUV Driver Kills Girl, 3, in Harlem, Wounds Mom And Young Brothers

The girl's death marks another grim entry into a crisis of pedestrian traffic deaths this year.

July 12, 2024

Moped and E-Bike Safety Legislation Becomes State Law

Retailers must register mopeds at the point of sale, in addition to giving new owners safety information, under new legislation signed by Gov. Hochul on Thursday.

July 12, 2024

Roadway Dining May See Dramatic Decline Under Eric Adams As Deadline Looms

Fewer than two dozen restaurants are in the pipeline for roadside seating, according to public records.

July 12, 2024

Opinion: Congestion Pricing Is A Compromise

Alternatives paths to cut congestion and pollution and fund the MTA make congestion tolls look like a cheap parlor trick.

July 12, 2024

Friday’s Headlines: Department of Victim Blaming Edition

Traffic deaths in the city are on pace to reach their highest number since at least 2013 — and DOT is reportedly blaming "jaywalking." Plus more news.

July 12, 2024
See all posts