the staff of the Ridgewood blog
NEW YORK, NY — New York Governor Kathy Hochul and the Metropolitan Transportation Authority (MTA) are calling the city’s congestion pricing program a resounding success, just six months after its launch. Officials announced Saturday that the initiative has reduced traffic in Lower Manhattan by 67,000 vehicles per day and is projected to generate $500 million in revenue by 2025—funds that will fuel $15 billion in public transit upgrades.