The Unforeseen Positive Externalities of Congestion Pricing
Traffic moves through the Bowery in Lower Manhattan, within the zone covered by New York City’s Central Business District congestion pricing program. When New York City’s first-ever urban congestion pricing program—the Central Business District Tolling Program— received final federal approval in June 2023, it ignited fierce political hostility. Yet the program now delivers many of the benefits its designers promised, shifting the debate from whether congestion pricing works to how...
