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
The player wasn't too upset about the final result of his bonus round.
14 hours ago
The guest wanted $100,000 but was not able to get an offer, through no fault of his own.
15 hours ago
The company basically produces dolls that require some knowledge of coding to operate.
16 hours ago
The viewers were sympathetic to the player, Vandana Patel, after her heartbreaking loss.
17 hours ago
The host proceeded to ask a hilarious question, which made the whole round immensely entertaining.
18 hours ago
The round was filled with hilarious answers that cracked the host up often.
1 day ago
The contestant was super excited to have made it to the Bonus Round and he won big.
1 day ago
Corey Harrison was interested for a bit but that price immediately made him say no.
1 day ago
Drew Carey tried making a bet with the contestant but she was not having it.
2 days ago
Steve Harvey was left stunned by the answer and had to question the entire family.
2 days ago
Steve Harey forced the contestants hiding to come out and address the situation.
3 days ago
Rick Harrison were creeped out by the handcuffs but still wanted to buy them.
3 days ago
Cuban was interested in the tech side of the company but was annoyed when his doubts got no answers.
3 days ago
She had already won more than $21,000 and a trip to Portugal before heading to the round.
4 days ago
The contestant even apologized to Steve Harvey after her answer was called out.
4 days ago
The host urged fans not to laugh at the answer, as it might come back to bite them in the future.
4 days ago
The seller lacked any solid proof and as a result, nobody on the show wanted to offer him a deal.
5 days ago
The contestant wished that bars gave free alcohol to those already drunk out of their minds.
5 days ago
It would have been easy for Amy Schneider to respond harshly to the accusations, but she remained cool and collected.
5 days ago
The host was left shocked after hearing the answer as he mouthed "wow" a couple of times.
5 days ago