Official announcement from Governor Hochul's office or NYC government website

NYC Congestion Pricing Paused by Governor Hochul, $700 Million Spent, $15B MTA Defunded

Jun 30, 2024, 03:04 PM

New York City's congestion pricing plan, which was set to begin on June 30, 2024, has been indefinitely paused by Governor Kathy Hochul. The plan, aimed at reducing traffic congestion and generating billions in funds for the New York subway system, was halted in the final hours, leaving New Yorkers frustrated. The initiative had already seen $700 million spent over 17 years of planning and $500 million in installed tolling infrastructure. The cancellation has significant implications, including continued traffic congestion, dangerous intersections, and transit delays. Protesters marched in Manhattan on what would have been the eve of the congestion pricing implementation, expressing their disappointment. New York City continues to face the world's worst traffic congestion, costing the city $9 billion annually. The defunding of the MTA by over $15 billion impacts investment in mass transit.