New York City congestion pricing plan clears key hurdle

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New York City congestion pricing plan clears key hurdle
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The Biden administration on Friday approved the release of the final environmental assessment for New York City's congestion pricing plan for public comment, a key step before the project can be green-lighted.

The Federal Highway Administration approval is a milestone in efforts to implement the plan announced in 2019 to reduce traffic and provide funding to improve mass transit by using tolls to manage traffic in central Manhattan.

In August, New York said drivers could face a traffic congestion charge of up to $23 a day in late 2023. A study released last year projected would reduce the number of cars entering Manhattan by 15% to 20%. New York, which has the most congested U.S. traffic, would become the first major U.S. city to follow London, which began a similar charge in 2003.

The Metropolitan Transportation Authority said on Friday congestion pricing "is a generational opportunity to make it easier for people to get around in, and get to, the Central Business District, by reducing traffic and funding improvements to the public transit system."

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