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White House Moves to Quash Congestion Pricing

Following reports that President Trump wanted to shut down the congestion pricing program that took effect last month as the first of its kind in the U.S., the U.S. Department of Transportation has revoked federal approval of the program. The Metropolitan Transportation Authority (MTA), which has looked to congestion pricing to help fund capital improvements, said Wednesday it would defend the program in federal court.

Under the revised toll structure for the program, passenger vehicles entering Manhattan south of 60th Street paid a $9 toll during peak hours, while trucks and buses paid up to $21.60. “Every American should be able to access New York City regardless of their economic means,” Transportation Secretary Sean Duffy said in a statement. “It shouldn’t be reserved for an elite few.” 

MTA Chair and CEO Janno Lieber noted that the program “has already dramatically reduced congestion, bringing reduced traffic and faster travel times, while increasing speeds for buses and emergency vehicles.” He called USDOT’s revoking of approval “baseless.”

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Financing
  • ◦Policy/Gov't