New York City's congestion pricing program is in its sixth month and has successfully reduced traffic through designated 'congestion zones' under 60th Street. Vehicle entries have decreased by 11%, leading to a 15% increase in traffic speed and reduced commute times. The program is projected to raise $500 million for the Metropolitan Transportation Authority by 2025. Crashes in the congestion zone have decreased by 14%, and citywide traffic fatalities have reached historic lows, fulfilling environmentalists' predictions of reduced pollution and increased public transit usage.
"Six months in, it's clear: congestion pricing has been a huge success, making life in New York better," Governor Kathy Hochul said Saturday. "In New York, we dare to do big things, and this program represents just that - traffic is down throughout the region, business is booming, transit ridership is up, and we are making historic upgrades to our transit system."
Since the program started, the number of vehicles driving through the congestion zone has decreased by 11%, with a total of 10 million fewer cars having entered compared to last year.
In just the first three months of the program, traffic in the congestion zone sped up by 15%. This has led to reduced wait times for commuters, not just in the congestion zone but in surrounding areas like the Bronx and Bergen County, New Jersey.
The number of crashes is down 14% in the congestion area, while traffic fatalities have reached "historic lows" citywide.
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