Congestion Pricing in Hudson Square

January 6, 2025

     

Congestion Pricing went live on Sunday, January 5th.

  • Hudson Square BID’s President – Samara Karasyk, gave an interview on Monday, January 6th, to the CBS News that you can watch here.
  • Hudson Square BID’s President – Samara Karasyk, also gave an interview on Friday, January 10th, to NY1 watch here.
  • Gothamist: “We’re shocked. I never expected to see this, and I’ve been in New York almost 45 years, it’s a pleasure not to have to explain to the drivers that you have to wait your turn.” — Shirley Matthews (Hudson Square Pedestrian Safety Manager)

 

ABOUT CONGESTION PRICING:

What are some current struggles in Hudson Square:

  • Significant Financial Costs: Traffic congestion costs New Yorkers $20 billion annually, including $9 billion in lost travel time and $6 billion in revenue losses​.
  • Traffic Congestion: Gridlock slows down customers, deliveries, and employees, making it harder to access businesses and impacting productivity.
  • Time Wasted: Commuters lose an average of 117 hours annually due to traffic delays, equating to $1,900 in costs per person​.
  • Inefficient Deliveries: Heavy traffic slows down goods movement, increasing costs and reducing reliability for businesses​.
  • Poor Air Quality: High vehicle emissions from heavy traffic contribute to pollution, affecting the health of residents and workers.
  • Frustrating Experience: Traffic jams discourage visitors and customers, reducing foot traffic and overall business activity.

What are the benefits of congestion pricing:

  • Reduced Traffic Volumes: With 80,000 fewer vehicles entering daily, congestion pricing ensures smoother travel and quicker commutes​.
  • Cleaner Environment: Lower vehicle numbers mean reduced emissions, improving air quality and public health.
  • Improved Transit Systems: Generated revenue funds $15 billion in transit capital improvements, enhancing accessibility and reliability​.
  • Efficient Deliveries: Off-hour delivery programs and reduced overnight tolls optimize goods movement, cutting costs for businesses​.
  • Economic Gains: Time savings and improved mobility benefit businesses, workers, and customers, contributing to a more vibrant economy.

 

QUICK RESOURCES:

 

 

*this page is updated regularly with new resources*

Hudson Square

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