Stay updated with breaking news from Interborough Express. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The congestion pricing plan has been expected to bring in roughly $1 billion a year in revenues, that the MTA would then borrow against to fund $15 million in capital projects.
The Central Business District Tolling Program was mandated by the State in April 2019 and modeled on urban congestion pricing programs around the world to reduce traffic congestion and raise needed revenue to improve public transportation.
Gov. Kathy Hochul's eleventh-hour decision to halt New York's congestion pricing program put a big question mark on $15 billion in mass transit capital
New York Governor Kathy Hochul said she decided to pause the plan to charge drivers entering New York City.
Overdue improvements to the station include better signage and wayfinding, pedestrian-friendly connections, and accessibility upgrades.