The for-hire vehicle [FHV] surcharge could be a first step toward comprehensive congestion pricing, if Cuomo wants it to be, and it’s worth exploring what this means for Manhattan’s crowded streets. In a tweet last week, Charles Komanoff detailed the benefits and I’ll summarize. The FHV-only surcharge will eventually speed up Manhattan traffic by around 6.7 percent but not until transit investments have significantly shifted mode-share. The charge will generate approximately $650 million ...
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