How does it work? The congestion charging zone would be in effect in Manhattan south of 60th Street between 6 am and 6 pm Monday-Friday. Cars will be charged $8 daily, trucks will be charged $21 daily ($7 if it's a low-emission vehicle) when entering the zone and there would be a $1 surcharge for vehicles without EZ-Pass readers. Weekends, evenings and early mornings remain free. Moreover, each taxi ride will be surcharged by $1 for trips that start and/or end in the designated zone. Motorcycles and scooters will have to pay $4. Big Apple drivers can also look forward to increased metered parking rates and residents won't be able exempt from the parking tax, although there will be a residential parking program. What do we get for the cost? The Council committed the estimated revenue of $491 million for transit improvements.
[Source: NYCDOT via Bloomberg]