"Our business community will also benefit from Sunday metering because it encourages parking turnover, allowing more customers to visit these establishments," said Josh Rowan, the transportation director, in a city press release.
Congestion pricing has been a once-in-a-lifetime success story, leading to cleaner air, better transit and faster and safer traffic throughout the city. We knew that to do this right, we had to bring real air quality improvements directly to parts of New York City that have been neglected for far too long.
Property taxes around the U.S. have long been a lightning rod for debate, with political leaders perpetually balancing the need to fund their budget priorities against the risk of alienating homeowners and businesses. This week, for example, New York City Mayor Zohran Mamdani sparked an uproar by proposing to close a budget hole by sharply raising property taxes.