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The Boston Real Estate BlogI am an independent real estate broker, focused on the residential real estate market in downtown Boston. |
Nyc One Step Closer To Congestion Pricing Plan
Good for New York, good for other cities?
Mayor Michael R. Bloomberg’s plan to reduce traffic by charging people who drive into the busiest parts of Manhattan received significant support on Thursday as Gov. Eliot Spitzer endorsed the idea and the Bush administration indicated that New York stood to gain hundreds of millions of dollars if the plan were enacted.
The mayor’s plan would charge $8 for cars and $21 for commercial trucks that enter Manhattan below 86th Street between 6 a.m. and 6 p.m. on weekdays, or $4 for drivers within the congestion zone, with several exceptions.
Complete story: City Traffic Pricing Winds U.S. and Spitzer's Favor - By Danny Hakim and Ray Rivera, The New York Times
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