Lower Manhattan’s economy has gotten an almost billion-dollar boost in just the first month of congestion pricing’s existence, the MTA said on Wednesday.
It is only two months in, but experts say it’s extremely difficult to argue that congestion pricing is hurting the economy, given that foot traffic is also higher year-over-year in Lower Manhattan, and Broadway has had higher year-over-year attendance and revenue.
“Congestion pricing has not harmed the institutions that are in the zone,” said Weinberger. “People are continuing to come in, and in higher numbers than they have been. All that is trending upward.”
