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With congestion pricing stop, New York City enters new era of economic gridlock
New Yorkers love to complain about traffic. This past week, the conversation got pretty heated with the scrapping of the congestion pricing plan for the city.
In killing the latest version of that plan on Wednesday, which was set to go into effect in just weeks, current New York Governor Kathy Hochul spurned an idea she had supported as a model for cities in improving mass transit, quality of life, and environmental sustainability. Hochul cited the citywide post-pandemic economic recovery as a key driver for the decision, and concerns about deterring commuters from working in or visiting the area, called the "Central Business District." Many opponents view Hochul's sudden announcement delaying the policy months before the elections as a political move to ensure reelection and favor from local politicians in swing districts.
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