subscribe to this pageM.T.A. Says Mayor's Plan to Ease Traffic Will Cost $767 Million to Accomplish
By ROBERT D. McFADDEN
Mayor Michael R. Bloomberg's plan to ease traffic congestion by charging motorists who drive into the busiest parts of Manhattan would cost hundreds of millions of dollars for new bus and subway services and mass transit improvements to accommodate tens of thousands of new riders, transportation officials say.
The Metropolitan Transportation Authority, in a report to a commission created to evaluate the mayor's plan, estimated that expanded transit service and capital improvements for city and suburban riders who would give up their cars to get into Manhattan over the next five years would cost $767 million.
The total, the authority said, comprised $284 million in 2008 and 2009 for 367 new city and suburban buses, 46 new subway cars and many station renovations and service enhancements; $163 million for other subway and bus improvements from 2010 to 2012, and $320 million for two new bus terminals in Queens and Staten Island.
Is That Finally the Sound of a 2nd Ave. Subway?
By WILLIAM NEUMAN
The neckties are wide and the sideburns long, the pickaxes gleam in the sunlight. The governor thanks the president for providing money. The mayor jokes that "whatever is said about this project in the years to come, certainly no one can say that the city acted rashly or without due deliberation."
The governor swings his pickax, but the pavement is too hard. A jackhammer is brought in to loosen things up. Now the governor and the mayor lay to with gusto.
The Second Avenue subway is born.
Or so it seemed at the time.
The sideburns were long and the neckties wide because it was 1972. The president was Nixon. The governor was Rockefeller. The mayor was Lindsay. And nearly 35 years later, no trains have ever run under Second Avenue.
But the line has had at least three groundbreakings.
On Thursday it will get another one.
Members Named for Panel Studying Traffic-Cutting Plan
By WILLIAM NEUMAN
A commission heavy with advocates of congestion pricing was named yesterday to study Mayor Michael R. Bloomberg's contentious traffic-cutting proposal and present a recommendation to state and city lawmakers.
Gov. Eliot Spitzer nominated Marc V. Shaw, a former deputy mayor under Mr. Bloomberg, as head of the 17-member commission, which must make its recommendation by Jan. 31 on whether to impose an $8 daily charge on drivers entering Manhattan below 86th Street. The charge for trucks would be $21.
The commission includes two other members appointed by the governor, who has endorsed the mayor's proposal, three members appointed by Mayor Bloomberg and three appointed by City Council Speaker Christine C. Quinn, who has also supported the plan.
It would appear from those appointments that the mayor can count on a majority of commission members to back his plan. The commission was created by a law passed during a special legislative session in July as a compromise between supporters and opponents of the congestion pricing plan.
The federal Transportation Department said last week that it would give New York $354 million if it went ahead with the mayor's congestion plan. The money would go mostly to improve bus service for drivers who switch to mass transit.
For Parking Space, the Price Is Right at $225,000
By VIVIAN S. TOY
In Houston, $225,000 will buy a three-bedroom house with a game room, den, in-ground pool and hot tub.
In Manhattan, it will buy a parking space. No windows, no view. No walls.
While real estate in much of the country languishes, property in Manhattan continues to escalate in price, and that includes parking spaces. Some buyers do not even own cars, but grab the spaces as investments, renting them out to cover their costs.
Spaces are in such demand that there are waiting lists of buyers. Eight people are hoping for the chance to buy one of five private parking spaces for $225,000 in the basement of 246 West 17th Street, a 34-unit condo development scheduled for completion next January. The developer, meanwhile, is seeking city approval to add four more spots.
Parking in new developments is selling for twice what it was five years ago, said Jonathan Miller, an appraiser and president of Miller Samuel.
Although spaces in prime sections of Manhattan are the most expensive, even those in open lots and in garages in Brooklyn, Queens, Riverdale and Harlem are close to $50,000, although at least one new Brooklyn development is asking $125,000.
Op-Ed Contributor
Clear Up the Congestion-Pricing Gridlock
By KEN LIVINGSTONE
London
THE New York State Assembly ended its session on June 22 without reaching a consensus on Manhattan's congestion pricing proposal - a delay that may cost New York City some $500 million in federal transportation money. Assembly members have voiced concerns about the economic impact of the program, the effect on traffic outside Manhattan and even the effectiveness of the idea itself.
Four years ago, London was engaged in a very similar debate. We now have the luxury of hindsight. While the two cities' situations are not identical, they certainly have analogies and therefore, perhaps, the success of London's program can shed light on the current debate in New York.
At that time, London's business district was undergoing rapid growth, but it was at capacity in terms of traffic. Efforts to channel more cars into the city center simply led to ever lower traffic speeds, which in turn led to business losses and a decrease in quality of life. Simultaneously, carbon emissions were mounting because of the inefficiency of engine use.
In 2003, London put in place a £5 (about $9) a day congestion charge for all cars that entered the center city (the charge is now £8). This led to an immediate drop of 70,000 cars a day in the affected zone. Traffic congestion fell by almost 20 percent. Emissions of the greenhouse gas carbon dioxide were cut by more than 15 percent.
Rising Costs Put New York Transit Projects at Risk of Delay
By WILLIAM NEUMAN
The Metropolitan Transportation Authority faces surging costs that could force it to eliminate or postpone badly needed projects less than halfway through a five-year, $21 billion program to expand and improve its transit system. By one estimate, the program is now $1.4 billion over budget.
Among the projects in that program are renovations to subway and commuter train stations, maintenance of antiquated signal systems, and the purchase of hundreds of buses and subway cars, and many of the projects may be affected, officials indicated.
Much of the problem has been caused by a rapid increase in the cost of construction in New York City, as a result of rising prices for materials and the large number of new projects, which gives contractors the leverage to charge more. In many cases, fewer companies are bidding on projects and offers are coming in much higher than expected.
Another problem is the weak dollar, which appears likely to raise the cost of a contract for subway cars with French and Japanese companies.