Market
Will NYC subway ridership increase by June 2025 following the $9 congestion toll implementation?
3
New York City•Manhattan•60th Street•Union•Kathy Hochul•Metropolitan Transportation Authority•MTA•Janno Lieber•Uber•Lyft•Brooklyn
Resolution / Starting Odds
Yes • 50%
No • 50%
Ridership data from the Metropolitan Transportation Authority (MTA)
Story
NYC Enacts $9 Congestion Toll Amid Subway Attacks; Critics Slam Hochul and MTA
Jan 5, 2025, 01:31 PM
New York City has officially implemented its $9 congestion pricing toll, aiming to reduce traffic in Manhattan and encourage the use of mass transit. The move has sparked backlash amid increasing concerns over subway safety, as attacks on commuters continue to rise, including a Metro-North rider stabbed in the chest after complaining about loud music. Critics argue that the congestion pricing, which charges drivers to enter Manhattan below 60th Street, will burden working-class commuters and force more people into a subway system plagued by crime. Union leaders, including those representing bus and subway supervisors, have slammed Governor Kathy Hochul and Metropolitan Transportation Authority (MTA) Chairman Janno Lieber for implementing the toll amid escalating violence on public transit. The MTA's latest $65 billion capital plan adds to the financial strain on taxpayers. Uber and Lyft, having spent millions lobbying for congestion pricing, stand to benefit significantly from the policy. The plan's exclusion of the Hugh L Carey Tunnel is expected to divert traffic to Brooklyn, increasing congestion in that borough. Firefighter unions warn that the toll could hurt emergency response times, potentially making the difference between life and death. Congestion pricing cameras were activated at midnight, marking the official start of the tolling system.
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Similar markets
Yes • 50%
No • 50%
Increase by over 20% • 25%
No significant change • 25%
Increase by less than 10% • 25%
Increase by 10-20% • 25%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
No increase or decrease • 25%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
No increase or decrease • 25%
Less than $5 million • 25%
More than $15 million • 25%
$10 million to $15 million • 25%
$5 million to $10 million • 25%
Decrease by less than 10% • 25%
Decrease by 10-20% • 25%
No significant change • 25%
Decrease by more than 20% • 25%
Increase in ridership • 25%
No significant change • 25%
Fluctuating ridership • 25%
Decrease in ridership • 25%
Positive • 25%
Negative • 25%
Neutral • 25%
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$200 million to $300 million • 25%
Less than $100 million • 25%
$100 million to $200 million • 25%
More than $300 million • 25%