New York City's recent congestion pricing scheme, which charges vehicles entering Manhattan during peak hours, seems to be functioning effectively. According to analyses, traffic has decreased by 12%, leading to faster movement of remaining vehicles, including public transportation. For instance, MTA buses have experienced a speed increase and greater reliability, alongside a notable rise in ridership across various transit options. Despite the positive data, public attitudes towards congestion pricing are still catching up, suggesting that while progress is notable, acceptance may take time.
The $9 fee charged to enter Manhattan between the hours of 5 AM and 9 PM has changed the traffic patterns and behaviors of Tri-State area goers.
The publication reported a 12% drop in total vehicles per day in the congestion zone, an equivalent of 2.3 million fewer cars for the month of April alone.
MTA buses are reportedly seeing upticks in speed, fewer delays, and running on time more frequently, with a 13% uptick in daily ridership.
Traffic speeds increased by 15% during the first two months of the pricing scheme, representing the first time gridlock has dropped since the pandemic began.
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