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Congestion Mitigation Strategies: Alternatives to the City’s plan

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Congestion Mitigation Strategies: Alternatives to the City’s plan

New York City Traffic Congestion Mitigation Commission
December 10, 2007

Published in: Business, Economy & Finance
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Congestion Mitigation Strategies: Alternatives to the City’s plan

  1. 1. Congestion Mitigation Strategies: Alternatives to the City’s plan New York City Traffic Congestion Mitigation Commission December 10, 2007
  2. 2. Overview of presentation and research
  3. 3. <ul><ul><li>* Includes public employees using placards </li></ul></ul><ul><ul><li>Source: 2007 survey of 1,600 drivers in the Manhattan CBD </li></ul></ul>Parking: Increase the cost of parking in the CBD The current market for parking in the CBD:
  4. 4. Parking: Policy options studied <ul><li>Three options with VMT impact: </li></ul><ul><ul><li>Eliminating resident exemption for parking tax or raise parking tax </li></ul></ul><ul><ul><li>Increase rates for metered on-street parking </li></ul></ul><ul><ul><li>Introduce overnight on-street parking fee </li></ul></ul><ul><ul><li>Reduce use of parking placards by public employees </li></ul></ul><ul><li>Three options have essentially no VMT impact: </li></ul><ul><ul><li>Parking “freeze” </li></ul></ul><ul><ul><li>Tax off-street parking as income </li></ul></ul><ul><ul><li>Parking “cash-out” </li></ul></ul>
  5. 5. Parking: Eliminate Manhattan resident parking tax exemption <ul><li>Option: Charge Manhattan residents the same parking tax (18⅜%) as other parkers. </li></ul><ul><ul><li>Currently residents receive an exemption that reduces their parking tax to 10⅜%. </li></ul></ul><ul><li>Applies to: Manhattan residents that currently receive exemption </li></ul><ul><li>VMT Impact </li></ul><ul><ul><li>0.05% reduction </li></ul></ul><ul><li>Revenue: $22 million </li></ul>
  6. 6. Parking: Raise the parking tax <ul><li>Option: Raise parking tax to 28⅜% or 38⅜% for all parkers </li></ul><ul><li>Applies to: All parkers who pay to park off-street </li></ul><ul><li>VMT Impact </li></ul><ul><ul><li>0.2% (if tax rises to 28⅜%) </li></ul></ul><ul><ul><li>0.3% (if tax rises to 38⅜%) </li></ul></ul><ul><ul><li>Parking garage operators might absorb the cost of the tax, resulting in smaller VMT reduction </li></ul></ul><ul><li>Revenue: $71 million (28⅜%) or $120 million (38⅜%) </li></ul>
  7. 7. Parking: Raise the parking tax <ul><li>Recap: </li></ul>
  8. 8. Parking: Increase rates for on-street parking <ul><li>Option: Increase the price of all metered parking spaces in the CBD. Prices could be determined by time of day or location. </li></ul><ul><li>Applies to: on-street, metered parking in the CBD </li></ul><ul><li>VMT Impact </li></ul><ul><ul><li>0.5% VMT reduction </li></ul></ul><ul><li>Revenue: $17 million </li></ul>
  9. 9. Parking: Introduce overnight on-street parking fee <ul><li>Option: Implement a $2 fee for overnight on-street parking in the CBD during the week. </li></ul><ul><li>Applies to: on-street, metered and unmetered parking in the CBD </li></ul><ul><li>VMT Impact </li></ul><ul><ul><li>0.4% VMT reduction (most of this reduction would take place at night) </li></ul></ul><ul><li>Revenue: $7 million </li></ul>
  10. 10. Parking: Reduce use of parking placards by public employees <ul><li>Option: Remove free on-street parking for government employees currently commuting to Manhattan jobs </li></ul><ul><li>Applies to: on-street parking for government employees with placards </li></ul><ul><li>VMT Impact </li></ul><ul><ul><li>0.10% VMT reduction for 3,000 placards </li></ul></ul><ul><ul><li>0.17% VMT reduction for 5,000 placards </li></ul></ul><ul><ul><li>0.33% VMT reduction for 10,000 placards </li></ul></ul><ul><li>Revenue: $0 </li></ul>
  11. 11. Taxi: Additional taxi stands to reduce cruising <ul><li>Option: Require that passengers be picked up at designated taxi stands </li></ul><ul><li>Applies to: all medallion (yellow) taxis </li></ul><ul><li>VMT impact </li></ul><ul><ul><li>VMT may rise or fall depending on how far taxis travel back to a taxi stand after discharging a passenger, so VMT cannot be estimated reliably </li></ul></ul><ul><li>Revenue: $0 </li></ul>
  12. 12. <ul><li>Option: Apply $1 or $2 fare surcharges for taxi and for-hire-vehicle travel within Manhattan south of 86th Street </li></ul><ul><li>Applies to: Medallion taxis, black cars, neighborhood car services and limousines </li></ul><ul><li>VMT impact: </li></ul><ul><ul><li>$1 Surcharge: 0.3% reduction </li></ul></ul><ul><ul><li>$2 Surcharge: 0.6% reduction </li></ul></ul><ul><li>Revenue: </li></ul><ul><ul><li>$1 surcharge: $70 million </li></ul></ul><ul><ul><li>$2 surcharge: $140 million </li></ul></ul>Taxi: Apply surcharge to taxi and livery fares
  13. 13. <ul><li>Option: Prohibits vehicles from entering based on license plate </li></ul><ul><li>Applies to: all passenger vehicles </li></ul><ul><li>VMT impact: </li></ul><ul><ul><li>3.1 % reduction (restriction applied 1 in 10 days) </li></ul></ul><ul><ul><li>6.2 % reduction (restriction applied 1 in 5 days) </li></ul></ul><ul><li>Revenue: $0. </li></ul><ul><ul><li>Will reduce MTA and PA toll revenues that subsidize transit </li></ul></ul>License Plate Rationing
  14. 14. Required Carpooling <ul><li>Option: Prohibit single-occupant vehicles (SOVs) from entering Manhattan south of 60th Street weekdays, 6 a.m. to 10 a.m. </li></ul><ul><li>Applies to: SOVs. Does not apply to taxis, commercial vehicles, and motorcycles </li></ul><ul><li>VMT Impact: </li></ul><ul><ul><li>Given that SOVs comprise 59% of vehicles entering CBD, expect VMT reduction, though magnitude is unclear </li></ul></ul><ul><li>Revenue: $0. </li></ul><ul><ul><li>Will reduce MTA and PA toll revenues that subsidize transit </li></ul></ul>
  15. 15. Creation of High-Occupancy Toll (“HOT”) lanes <ul><li>Option: Create HOT lanes for passenger cars on major crossings into Manhattan and highways leading to Manhattan CBD </li></ul><ul><li>Applies to: all vehicles </li></ul><ul><li>VMT impact: </li></ul><ul><ul><li>0%, unless a substantial number of general travel lanes are reallocated to buses, ridesharing vehicles and/or goods movement </li></ul></ul><ul><li>Revenue: Uncertain </li></ul>

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