“New Yorkers lose 117 hours on average each year sitting in traffic, costing them nearly $2,000 in lost productivity and other costs, according to one estimate.”
New York wants $9 to $23 at peak hours to drive below 60th Street. About 75% of downtown trips already use transit, and bus speeds have fallen 28% since 2010. A year after London’s 2003 charge, congestion dropped 30%. The minority who drive into Manhattan get to keep slowing everyone else’s bus for free until next spring.