Partnership for NYC: Congestion Costs New York More Today Than It Did 10 Years Ago

Traffic is getting worse while people's time grows more valuable.

Image: Partnership for New York City
Image: Partnership for New York City

Traffic congestion is a major drag on the city’s economy, costing the metro area a projected $20 billion a year for the next five years, according to a report commissioned by the Partnership for New York City, which represents large private sector employers.

That’s significantly more than the estimated costs of traffic congestion in December, 2006, when the Partnership estimated the annual loss at $15.9 billion in today’s dollars.

A new fact sheet released by the Partnership says that, without congestion pricing to thin out traffic, commuters in the five boroughs and surrounding counties will lose the equivalent of $9 billion annually in travel time.

Businesses stand to lose nearly $6 billion in revenue and $2.4 billion in increased operating costs a year, according to the Partnership, and the region will lose $2.5 billion to excess fuel and vehicle operating costs.

The Partnership prepared a similar report ahead of Mayor Michael Bloomberg’s congestion pricing plan, which was smothered behind closed doors 10 years ago by Assembly Democrats led by former speaker Shelly Silver.

At the time, the Partnership estimated that traffic congestion cost the region $13 billion annually, or $15.9 billion adjusting for inflation.

Since then, traffic has gotten worse while people’s time has grown more valuable. “The cost of excess congestion has grown more rapidly than inflation primarily due to increased time spent commuting and for work-related travel, increased wages, and increased operating costs overall,” a spokesperson said via email.

Governor Cuomo is expected to unveil his congestion pricing proposal tomorrow. The governor’s statements about the content of the plan so far have been highly ambiguous and subject to interpretation.

Meanwhile, as the transit system collapses and the city he runs chokes on gridlock, Bill de Blasio is basically talking to himself.

  • Mister Sterling

    de Blasio is on the wrong side of both history and smart urban planning. He’s also pandering to Brooklyn and Queens fears, which are unfounded.

  • Rex Rocket

    Fears are unfounded, but the power of their vote isn’t.

  • Mister Sterling

    Precisely

  • Chris Gray

    stooge YOUR STUPID STATE REBUFFED the greatest MAMMOTH MASTER BUILDER and ENGINEERING GENIUS since the 18 th DYNASTY of PHARAONIC EGYPT and SUCCUMBED to the SIREN SONGS of the POST MENOPASUAL SLUT who HATED CARS jane jacobs and the GERIATRIC WEASEL robert caro who still lives in SODOM on 95 th STREET and works part time for the NOXIOUS N.Y. TIMES a paper i reserve for the PARAKEET CAGE . >NO WONDER N.Y. IS THE INFRASTRUCTURAL TOILET BOWL OF AMERICA.STOOGE you REPUDIATED LOXEX then YOUR ADULTEROUS BLAMPHEMOUS SPINELESS PLUTOCRATIC AUTOCRATIC TREACHEROUS WHOREMONGERING BACK-STABING GODLESS GOV NELSON ROCKEFELLER halted construction on the crrrrrrrrrrrrrrrritically needed cross sound MONUMENTAL EPOCHAL PANORAMIC PRESTIGIOUS SCENIC CIRCUMFERENTIAL BUSINESS EXPANDING $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ TOURISM PROMOTING $$$$$$$$$$$$$$$$$$$$$ especially for N.Y.S. and NEW ENG . RYE OYSTER BAY BRIDGE which would have OBVIATED DIVERTED THOUSANDS and THOUSANDS of OVERLOADED BUSES TRUCKS and COMMERCIAL TRAFFIC from having to TRAVERSE SODOM IN THE FIRST PLACE ! AGAIN NO WONDER N.Y. IS THE INFRASTRUCTURAL TOILET BOWL OF AMERICA. I asked the syncophant at the WHOREHOUSE IN MORNINGSIDE HTS. LOOK when was the last time YOUR STUPID STATE even BUILT BUILT a major monumental BRIDGE ? Need a hint ? Go back to the FIRST WORLD TOUR OF THE BEATLES AT SHEA STADIUM !!! When i was in the ARMY that kind of WRETCHED PATHETIC PENNILESS WORTHLESS UNPROFITABLE PERFORMANCE on the part of your BOOTLESS BLASPHEMOUS BENIGHTED capitol in ALBANY would have been labeled CRIMINAL NEGLIGENCE and DERELICTION of DUTY !EMPIRE ? EMPIRE STATE ?! WHAT A COLASSAL JOKE .STOOGE EMPIRES NEED EMPIRE BUILDERS such as the peerless PRODIGIOUS MOMENTOUS MAGNIFICENT MAMMOTH MASTER BUILDER and ENGINEERING GENIUS since the 18 th DYNASTY of PHARAONIC EGYPT > ROBERT MOSES whom YOUR STUPID STATE REBUFFED and instead SUCCUMBED TO THE SIREN SONGS of the POST MENOPASUAL SLUT who HATED CARS jane jacobs and the GERIATRIC WEASEL robert caro . STOOGE had THE BRILLANT JUDICIOUS PROPHETIC PROFOUND SAGACIOUS PLANS of MOSES been followed SODOM would not be FORFEITING 20 BILLION $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$ per YEAR maybe maybe 20 bucks ! YES YES YOUR MERCHANTILISTIC CITY would be would be the MOST PROSPEROUS CITY on the PLANET and AND A THOUSAND THOUSAND TIMES SAFER and SANITARY ! AHH what a BLESSING BOON BENEFIT for the Long Suffering DEPT. of SANITATION ! PUT a PICTURE of the NEFARIOUS INFAMOUS INFERNAL GARBAGE BARGE remember 1987 and THAT STINKING REEKING HELLISH ENORMOUS GARBAGE BARGE docked in GRAVES END BAY BROOKLYN ? THAT THAT PICTURE BE SUPERIMPOSED ON EVERY LISCENCE PLATE in YOUR STUPID STATE as the most accurate precise authentic exact REPRESENTATION and EMBLEMMATIC PERSONIFICATION of the deteriorated dispicable deplorable decayed dangerous REPREHENSIBLE SNARLED CONGESTED CLOGGED JAMMED PILED-UP OVERCROWED ROADS and UNBUILT UNBUILT BRIDGES in the STUPID STATE of N.Y. STOOGE perhaps just perhaps if your stupid state had a GOV like THOMAS DEWEY who BUILT the NYS THRUWAY and LOWERED TAXES or the INIMITABLE AL SMITH N.Y. would still be the EMPIRE STATE instead of the INFRASTRUCTURAL TOILET BOWL OF AMERICA . MISS PLASTIC who also works at the WHOREHOUSE IN MORNINGSIDE HTS. then told me to RELAX come on why be sooo uptight about some MONUMENTAL CIRCUMFERENTIAL PRESTIGIOUS SPECTACULAR PANORAMIC EPOCHAL TRANSGENERATIONAL JOB $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$CREATING WEALTH $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$PRODUCING TOURISM $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$PROMOTING BRIDGE from well over 48 yrs. ago ? NOW MISS PLASTIC makes LUCRATIVO $$$$$$$$$$$$$ at the WHOREHOUSE so i told her to buy a BMW CONV. MISS PLASTIC you would look stunning in a BMW CONV. and this would really help out your act . SHE continues to urge me to just forget about the whole mess of NY SKIPPING THE CRRRRRRRRRRRITICALLY NEEDED BRIDGE to REGRESSIVE RYE , N.Y. > THIS MONSTROUS MALFEAISANCE , and just get on with my life . Finally she quipped in a flippant fashion , ITS JUST HISTORY NOW ANYWAYS . REALLY , my mother had a spoiled , stink,in , flea -bitten poodle named SANDY ….

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