Friday, January 17, 2025

Early congestion pricing results are in

Also today: LA pushes to rebuild homes faster, and real estate vultures eye middle-class homeowners.
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Bloomberg

Results from the first week of New York's congestion pricing are in. And "so far, so good," says former New York City deputy traffic commissioner Bruce Schaller. The number of cars entering the zone below 60th Street is down about 8% from baseline traffic levels, according to preliminary data released on Monday by the Metropolitan Transportation Authority.

Bloomberg News, whose US headquarters on 59th Street in Manhattan overlook the congestion pricing zone perimeter, aimed a high-definition camera at Lexington Avenue and collected more than 100 hours of daytime traffic imagery before and after congestion pricing went into effect. The analysis of 75,000 vehicles found that there are fewer private cars and more cabs in Manhattan's traffic mix, report Aaron Gordon, Priyanjana Bengani, Jeff Kao, Marie Patino and Jason Kao. Today on CityLab: Is NYC's Congestion Pricing Working? Fewer Private Cars Are On the Road (For Now)

More on CityLab

Los Angeles Pushes to Rebuild Homes Fast, Despite Wildfire Danger
Some rules have been waived to encourage the swift replacement of burned-out homes. Fire experts say it's critical that new homes be resilient to future risk.

A Commuting Resolution for 2025: Ride Your Local Subway or Bus
For those who live in cities served by public transit, this is the perfect time to make a commuting habit that could save you money and improve your health.

Real Estate Vultures Eye Middle-Class Enclave of Ravaged LA
Speculators call home owners and agents in the wake of the fires; The neighborhood northeast of LA was a haven for Black families.

What we're reading

  • The place where I grew up is gone (Atlantic)

  • Grainy photos of their roofs cost them their insurance. Now homeowners are fighting back. (San Francisco Standard)

  • Nearly half of young Americans don't want to own a car (Miami Herald)

  • 40 Big ideas to make New York City more affordable
    (New York Times)

  • What it's like to be an incarcerated firefighter (High Country News)


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