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.

  • gecko

    It say even more if the New York Building Congress were to take a very active roll in reinventing this town as the world’s premiere bike-friendly city in concert with and or in addition to DOT efforts.

  • anon

    But you don’t want an over-built solution either! If the same ends can be achieved without constructing intrusive infrastructure, that’s the way to go.

  • glennQ

    Sounds like an application for a congestion tax exemption for NYBC executives to me…

  • mkultra

    actually, glennq, it doesn’t sound like that, as you know. let’s stay focused.

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