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The Death of NYC Congestion Pricing - by Joseph Politano

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New York City and its surrounding suburbs make up the largest urban economic cluster on planet Earth. 2.4 million people work in the 23 square miles of land that make up the borough of Manhattan, and collectively they produce $886B in economic output, a nominal sum larger than Vietnam and Pakistan’s GDP combined. Most of those workers take the subway. Globally, that is nothing notable—in most urban cores a majority of workers take public transportation for work and daily activities. Increasing the density of jobs, hospitals, restaurants, homes, schools, and more is key to the agglomeration effects that make cities such economic powerhouses, and as density grows mass transit becomes essential since it can far surpass the maximum throughput capacity of even the largest roadways. Yet in the US, it’s extremely unusual for most workers to take public transportation—in 2022 only about 3.1% of Americans took trains or buses to their jobs and about 45% of those transit commuters lived in the G

The Death of NYC Congestion Pricing And What is Says About the Institutional Problems in American Cities & Infrastructure Joseph Politano Jun 17, 2024 95 38 15 Share Thanks for reading! If you haven’t subscribed, please click the button below: Subscribe By subscribing you’ll join over 42,000 people who read Apricitas weekly! New York City and its surrounding suburbs make up the largest urban economic cluster on planet Earth. 2.4 million people work in the 23 square miles of land that make up the borough of Manhattan, and collectively they produce $886B in economic output , a nominal sum larger

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