CRAINSNEWYORK.COM I JUNE 10, 2024
Hochul indefinitely postpones congestion pricing The stunning reversal comes just weeks from the planned June 30 launch date
Crain’s celebrates the young rising stars who are bringing fresh energy to real estate, health care, technology, politics, sports and entertainment
By Caroline Spivack
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Gov. Kathy Hochul has indefinitely postponed the launch of the MTA’s long-anticipated congestion pricing tolling program, blaming economic concerns, in a stunning shift that sent INSIDE s h o c kw av e s through the ◗ Hochul was city. ‘looking for The govercover.’ P. 2 nor is delay◗ Borough ing the tolls president: just weeks beDems risk fore congesdefeat in tion pricing’s congestion planned June pricing 30 launch retreat. P. 2 date. “After care◗ Governor’s ful considerstance ation, I have changes come to the quickly. P. 23 difficult decision that implementing the planned congestion pricing system risked too many unintended consequences for New Yorkers at this time,” Hochul said in a recorded message June 5. “For that reason, I have directed the MTA to indefinitely See POSTPONE on Page 23
From top right: Andrew Adrian, Nia Carter, Ian Stern, Alex McOwen, Derek Brockington, Ilene Taso, Tyler Taba, Alisha Ghosh and Lorna Courtney (middle) | BUCK ENNIS
Cars travel under a congestion pricing toll gantry with multiple cameras in Manhattan. | BUCK ENNIS
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