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'New York's Transit Agency Approves $9 Congestion Pricing Toll; New Toll Set To Increase To Original $15 Charge By 2031; Congestion Pricing Will Finance Transit Infrastructure' - Bloomberg News

Benzinga ·  02:25

The Metropolitan Transportation Authority approved a revised congestion pricing plan for Manhattan that President-elect Donald Trump has threatened to terminate once he takes office.

The board of the MTA, which runs the city's transit system and is implementing the new toll, voted Monday to begin the program. It will charge E-ZPass motorists entering south of Manhattan's 60th Street $9 during peak hours, which is from 9 a.m. to 9 p.m. on weekdays, with E-ZPass trucks paying $14.40 during those hours. Vehicles without an E-ZPass would pay more.

Drivers already paying tolls on the Lincoln, Holland, Queens-Midtown or Brooklyn-Battery tunnels will receive discounts during peak times to help lower the new fee. Fares will also be significantly cheaper when driving overnight with E-ZPass passenger cars paying $2.25 and trucks paying $3.60. Under the new plan, taxi passengers would pay $0.75 per trip, while customers riding in a for-hire vehicle such as Uber and Lyft would pay $1.50.

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