UPDATE AS OF MARCH 27, 2024: The MTA board OKed the congestion pricing plan, paving the way for $15 tolls (and up) starting the summer of 2024. Passenger vehicles will be charged $15, trucks will be charged anywhere from $24-$36 depending on size, and motorcycles will be charged $7.50. There are some exemptions — and some caveats. Get more information on this decision.
NYC congestion tolls have been the topic of conversation for years now and it continues to be a dynamic situation, but at last, it seems that an approved program will be implemented in the Spring of 2024.
According to Bloomberg, the timing of the program’s implementation could not be better. The MTA is struggling to recover pre-Covid ridership levels, particularly on the longer-distance Metro-North and Long Island Rail Road lines.Projections of NYC congestion pricing’s effect show that up to 45,000 additional riders would use the MTA each weekday. Meanwhile, the state plans to reinvest nearly 100% of the congestion revenues back into the MTA system. Read More