ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

NYC Becomes First American City To Greenlight Congestion Toll, Netizens Aren't Amused

Central Business District Tolling Program, also known as the congestion toll, was first introduced in June 2023.
PUBLISHED APR 1, 2024
Cover Image Source: Traffic | Photo by Gary Hershorn | Getty Images
Cover Image Source: Traffic | Photo by Gary Hershorn | Getty Images

With rising costs across the board, many New York residents are opting to relocate to other cities. In 2022 alone, approximately 545,500 residents left the state, as reported by the U.S. Census Bureau, and the exodus continues. Now, netizens are split on the newly introduced $15 congestion toll by New York's Metropolitan Transportation Authority. While some see it as another incentive to leave the Big Apple, the MTA hopes the toll will address longstanding issues affecting the state.



 

"It's a historic day: Today, the MTA Board voted to approve the toll rates for the nation's first congestion pricing program. This program will reduce traffic in Manhattan's central business district, reduce pollution, and provide critical funding for transit improvements," MTA posted on X.

Although the board's objectives are widely supported, the toll has sparked dissatisfaction among citizens, who turned to social media to express their grievances. Valentina Gomez expressed criticism on X, stating, "Citizens are taxed on their income, their food, their gasoline, etc. And now this congestion pricing nonsense? Enough with New York."

"It feels like NY is driving away its good citizens. They keep inventing ways to push people out of NY," another user named Pat Pascall commented. Such sentiments reverberated across social media, with many questioning the efficacy of the toll in alleviating traffic issues.

Image Source: andresr/Getty Images
Image Source: Photo by Andresr | Getty Images

Louis Straker Jr. added, "I personally don't know anyone in favor of #CongestionPricing. This decision ranks among the worst for NYC."

New Jersey Governor Phil Murphy, previously vocal in his opposition to congestion pricing due to its impact on his constituents who commute to Manhattan, expressed dissatisfaction with the final decision. In a statement, he asserted, "This is far from over, and we will continue to fight this blatant cash grab."

Conversely, some believe that congestion pricing will benefit the state. "Congestion pricing is poised to become one of the most successful and popular policies globally. Its advantages will be immediate and widespread, even among drivers. The current objections will seem trivial in hindsight," Jess Coleman optimistically predicted on X.



 

Central Business District Tolling Program, also known as the congestion toll was first introduced back in June 2023. "Congestion pricing has been given the green light, and we’re ready to get it done right," Eric Adams, Mayor of New York City, said at the time.

Recently, authorities announced their decision to impose the $15 toll congestion fee for motorists entering Manhattan. The approval permits the implementation of a $15 toll on most commuter passenger vehicles accessing Manhattan below 69th Street, encompassing the area south of Central Park.



 

Reportedly, toll rates will fluctuate depending on both the time of day and the vehicle's size. Rates will range from $1.75 for motorcycles crossing during overnight hours to $36 for buses and trucks traveling during the daytime.

Authorities further specified that visitors without E-ZPasses, a device facilitating remote toll collection, will incur higher fees. Taxis, on the other hand, will charge passengers $1.25 per trip within the zone, while app-based ride services will levy a $2.50 fee. The contentious fee is slated to come into effect in mid-June.

MORE ON MARKET REALIST
Steve Harey forced the contestants hiding to come out and address the situation.
14 hours ago
Rick Harrison were creeped out by the handcuffs but still wanted to buy them.
15 hours ago
Cuban was interested in the tech side of the company but was annoyed when his doubts got no answers.
16 hours ago
She had already won more than $21,000 and a trip to Portugal before heading to the round.
1 day ago
The contestant even apologized to Steve Harvey after her answer was called out.
1 day ago
The host urged fans not to laugh at the answer, as it might come back to bite them in the future.
1 day ago
The seller lacked any solid proof and as a result, nobody on the show wanted to offer him a deal.
2 days ago
The contestant wished that bars gave free alcohol to those already drunk out of their minds.
2 days ago
It would have been easy for Amy Schneider to respond harshly to the accusations, but she remained cool and collected.
2 days ago
The host was left shocked after hearing the answer as he mouthed "wow" a couple of times.
2 days ago
The contestant went on to win $20,000 for her family despite the awkward moment.
3 days ago
The entrepreneurs might have hoped that a third of their company would attract a shark, but it didn't.
3 days ago
She was just happy to be on the show and was not disappointed about leaving empty-handed.
3 days ago
Things got heated as all of the sharks took shots at each other for a chance to cut a deal.
3 days ago
The entrepreneur was selling a DVD set about men's grooming, which was priced at a whopping $297.
4 days ago
Some might have expected the host to be a bit upset but he was entertained.
4 days ago
The entrepreneurs had initially asked for $50,000 for a 50% stake in the company.
4 days ago
She had uploaded photos and videos from a taping on her Instagram stories.
4 days ago
The former contestant was a star on the show in 2017, winning $413,000 over 13 games.
5 days ago
The contestant took her own sweet time to come to the podium and Steve Harvey wasn't having it.
5 days ago