Hochul pauses congestion pricing plan ‘indefinitely’ According to Politico, the governor voiced concerns about how the program, which would have charged drivers $15 for entering Manhattan south of 60th Street starting June 30, might hurt Democrats in upcoming House races later this year. (6sqft)
Hochul’s Congestion Pricing Reversal Won’t Win Democrats Any Votes in November "Hochul left billions of dollars and massive drop in congestion on the table with no guarantee of quieting congestion toll opponents ahead of November's election, according to political insiders." (Streetsblog NYC)
Business Leaders ‘Furious’ at Hochul Reversal on Manhattan Congestion Charge "Governor’s pause on planned fee for vehicles entering core Manhattan has big consequences for mass transit funding and could result in rising payroll taxes to make up for lost revenue." (The City)
Here's how NYC subway service could suffer now that congestion pricing is effectively dead "The law required the tolls to bring in $1 billion annually, which in turn would finance $15 billion of loans to pay for transit construction projects. In the ensuing years, the MTA planned an array of transit construction projects that depended on that revenue." (Gothamist)
