Sunday, October 1, 2023

Further price increases in New York: Parking meters will increase by 20 to 25%

Price increases in New York City continue: after the increases in electricity, tolls and fares for buses, S-Bahn and subway in August, On-street parking becomes more expensive when parking meters increase by 20 to 25% from October to November.

As is tradition, Parking meters will continue to be more expensive on the busiest streets in Manhattan than on the least congested streets in the Bronx, Brooklyn, Staten Island or Queens and the increases will follow this trend.

“Al Adjust parking fees to demand “We will make it easier for drivers to find a space because there is greater availability,” said a spokesman Department of Transportation (DOT) it is a statement. “These new rates will also reduce congestion and double parking while supporting the local economy.”

Drivers in Manhattan will be the first to experience the increase starting October 16th. In the busiest areas of Midtown and Downtown, The first hour of paid parking is $5.50: 22% more than the current level of $4.50, he emphasized News.

A second hour of parking in Midtown or Downtown costs $9: 20% more than the current price of $7.50. In total, two hours of paid parking in the city’s busiest areas will cost $14.50, a 21% increase over the current $12 fee.

Starting October 27, drivers in Queens will pay 25% more. In busy downtown Flushing and Jamaica, parking costs $2.50 for the first hour; Each additional hour is paid $5.

Costs in Brooklyn will rise to the same percentage (25%) as Queens on November 9th, followed by The Bronx on November 22nd. Finally, in Staten Island, the increase will be activated on November 28th.

Revenue from the city’s parking meters goes into the city’s general fund. can be found a complete map of parking meter rates on the NYC Department of Transportation (DOT) portal.

Nation World News Desk
Nation World News Desk
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