New York City Set to Get First Congestion Pricing System in Country

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New York City Set to Get First Congestion Pricing System in Country
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New York is poised to become the first city in the U.S. to implement congestion pricing, which could help fund $15 billion of capital improvements for the Metropolitan Transportation Authority

New York lawmakers were poised to create a congestion-pricing system in Manhattan, increase taxes on real-estate transactions in New York City and move toward a system of public campaign financing as part of a final $175.5 billion state budget deal.

Members of the state Assembly and Senate held a rare Sunday session to vote on the budget bills, some of which weren’t finalized before voting began. A budget had to be in place by Monday.

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