Gov. Kathy Hochul is looking to revive congestion pricing with reduced tolls before President-elect Donald Trump has a chance to kill the program, albeit with a lower charge that likely would diminish the plan’s impact on easing Manhattan traffic.The governor is in talks with federal transit officials about implementing congestion pricing with a $9 peak toll — down from a previously planned $15 — and if such a change could require lengthy approvals, according to two people familiar with the matter. Politico first reported the discussions. State law requires that congestion pricing generate enough annual revenue for the Metropolitan Transportation Authority to finance $15 billion in mass transit upgrades. Economist and traffic modeler Charles Komanoff modeled the change and found the $9 peak toll could hit that mandate, but at the cost of taking less street-clogging vehicles off the road.Transit officials have long anticipated congestion tolls could curb car traffic to the district by about 17% — thereby making it easier for drivers and trucks carrying goods that must utilize the road to navigate Manhattan’s busiest streets. New modeling by Komanoff determined that simply tweaking the peak toll to $9 would generate the $1 billion in annual revenue needed for the MTA to borrow against. The downside is the lower peak toll would only initially improve traffic speeds south of 60th Street by 6.4% and rise to a 12.4% enhancement once expected street improvements are implemented... Continue reading at 'Crains New York'
[ Crains New York | 2024-11-13 11:03:11 UTC ]
The 53 honorees on our list of Notable Leaders in Health Care work tirelessly across the industry to ensure the wellbeing of New Yorkers and the city overall. Here are five leaders that serve the city's hospitals, insurance companies and social services safety-net. Read the full list... Continue reading at Crains New York
[ Crains New York | 2024-12-02 10:33:25 UTC ]
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Donald Trump is coming back to the White House, but don't expect another “Fire and Fury,” or much fire and fury in book publishing in general Continue reading at ABC News
[ ABC News | 2024-11-26 14:46:31 UTC ]
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The City Council advanced but weakened Mayor Eric Adams’ City of Yes housing plan in a last-minute deal ratified on Thursday in two committee votes. As part of the agreement, the administration committed to spending $5 billion on affordable housing programs and infrastructure improvements.Many... Continue reading at Crains New York
[ Crains New York | 2024-11-21 19:06:35 UTC ]
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With less than a day left to reach a deal on Mayor Eric Adams’ legacy-making City of Yes housing plan, complex negotiations were continuing Wednesday afternoon ahead of a key vote on Thursday.After months of public review and combative rhetoric from supporters and detractors, the plan to loosen... Continue reading at Crains New York
[ Crains New York | 2024-11-20 21:13:58 UTC ]
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Gov. Kathy Hochul is looking to revive congestion pricing with reduced tolls before President-elect Donald Trump has a chance to kill the program, albeit with a lower charge that likely would diminish the plan’s impact on easing Manhattan traffic.The governor is in talks with federal transit... Continue reading at Crains New York
[ Crains New York | 2024-11-13 11:03:11 UTC ]
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Nearly every corner of Queens swung toward Donald Trump and the Republican Party in Tuesday’s presidential election, a shift most pronounced in Latino and Asian enclaves. But Gregory Meeks, the powerful congressman and chair of the Queens County Democratic Party, sees “no need to panic” from... Continue reading at Crains New York
[ Crains New York | 2024-11-08 20:42:01 UTC ]
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President-elect Donald Trump didn’t win New York City last week — he collected about 30% of the votes — but he made inroads in every borough and delivered the best presidential performance for a Republican in New York City since 1992. Polls show the economy and inflation were top of mind for... Continue reading at Crains New York
[ Crains New York | 2024-11-08 19:06:41 UTC ]
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A feeling of unreality is in the air at Somos, the annual New York political confab in Puerto Rico, where attendees are keeping up their pace of frenzied schmoozing even as Donald Trump’s victory promises a turbulent new era.“We lost. What are you going to do?” shrugged one lobbyist at an... Continue reading at Crains New York
[ Crains New York | 2024-11-07 19:22:42 UTC ]
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If the presidential election is declared for Kamala Harris or Donald Trump sometime after Wednesday morning, many of New York’s leaders may learn of that result as they schmooze in hotel ballrooms or lounge by the beach.The five-day Somos Puerto Rico conference kicks off in San Juan on... Continue reading at Crains New York
[ Crains New York | 2024-11-05 10:48:20 UTC ]
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State officials are funneling hundreds of millions to community health providers as the state begins its long-awaited Medicaid experiment, which will use the public health dollars in ways they haven’t been used before.Nine regional organizations, including three in the city, are set to receive... Continue reading at Crains New York
[ Crains New York | 2024-08-08 09:33:04 UTC ]
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Former first lady, who has been mostly absent as her husband campaigns, has never told her own story at length beforeThe former first lady Melania Trump has a memoir coming out this fall, Melania, billed by her office as “a powerful and inspiring story of a woman who has carved her own path,... Continue reading at The Guardian
[ The Guardian | 2024-07-26 13:42:09 UTC ]
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Brooklyn State senator Zellnor Myrie is taking steps to challenge Mayor Eric Adams for re-election in 2025, further complicating Adams’ already uncertain hopes for a second term amid sagging approval ratings.Myrie, a 37-year-old progressive, confirmed in a statement on Wednesday that he is... Continue reading at Crains New York
[ Crains New York | 2024-05-08 14:15:56 UTC ]
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A politically involved Bronx-based physician network received $29 million from a state fund formerly reserved for distressed hospitals and nursing homes, a new report found.SOMOS Community Care, a nonprofit physician network based in Kingsbridge, received funds from the Vital Access Provider... Continue reading at Crains New York
[ Crains New York | 2024-03-20 09:33:04 UTC ]
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The mayor, Israel and Democratic Party drama all lurked beneath the sunny surface. Continue reading at Crains New York
[ Crains New York | 2023-11-11 16:54:57 UTC ]
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Eric Adams’ troubles and a potential primary challenge will be front-of-mind at this year’s Somos conference. Continue reading at Crains New York
[ Crains New York | 2023-11-06 20:42:43 UTC ]
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For Dr. Juan Tapia Mendoza, a pediatrician at SOMOS Community Care, the closures can be a barrier to care in the neighborhoods he serves. Continue reading at Crains New York
[ Crains New York | 2023-10-30 19:48:07 UTC ]
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Plus:Insurance giant Empire names DeStefano president to lead NY commercial businessTeladoc revenue grows 8% in Q3 following growth of chronic care businessState announces $4M to expand mental health outpatient treatment opportunities Continue reading at Crains New York
[ Crains New York | 2023-10-26 09:33:03 UTC ]
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The VP of inclusive network sales writes about helping marketers connect with diverse audiences. Continue reading at Advertising Age
[ Advertising Age | 2023-09-22 09:46:02 UTC ]
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Promising an inside view of the White House, the book actually exposes Kushner's mind-set and values. Continue reading at The Washington Post
[ The Washington Post | 2022-08-26 10:00:57 UTC ]
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