Governor Hochul celebrates congestion pricing wins as fewer vehicles, faster travel, and improved transit ridership reshape Manhattan’s Central Business District into a more efficient and vibrant urban hub

New York City, New York – New York’s congestion pricing program, a bold initiative aimed at reducing traffic and boosting business within the city’s bustling Central Business District (CBD), appears to be achieving its goals. Governor Kathy Hochul, alongside business leaders and transit advocates, recently celebrated the noticeable improvements since the program’s inception over two months ago.

The congestion pricing system was implemented on January 5th, and since then, significant benefits have been observed. Traffic within the CBD has decreased by 11 percent in February compared to the same period last year, according to recent data.

This decrease in traffic has led to a smoother flow on bridge and tunnel crossings, with vehicles moving up to 30 percent faster than before. The Metropolitan Transportation Authority (MTA) reports that three million fewer vehicles entered the CBD in January and February compared to the same months last year, contributing to a reduction in delays for express bus services by 23 percent. Moreover, there has been a remarkable 70 percent decrease in complaints about excessive car horn honking.

Not only has the reduction in traffic enhanced commuter experiences, but it has also had a positive impact on local businesses. Retail sales in the CBD are projected to be $900 million higher in 2025 compared to last year. Similarly, Broadway shows have seen a 19 percent increase in attendance, and restaurant reservations have risen by 5 percent from January to mid-March.

Furthermore, the initiative is encouraging more people to use public transportation. The MTA has noted an increase in transit ridership across various modes: bus ridership is up 9 percent, subway use has increased by 6 percent, Long Island Rail Road by 8 percent, and Metro-North Railroad by 4 percent.

“Since congestion pricing took effect over two months ago, traffic is down and business is up – and that’s the kind of progress we’re going to keep delivering for New Yorkers,” Governor Hochul said. “Every day, more New Yorkers are seeing and hearing the benefits for our commutes, quality of life and economy – and we’re not going back.”

MTA Chief Accessibility Officer Quemuel Arroyo also praised the program, emphasizing its role in solving local issues by improving access to efficient transportation for all, including drivers and users of New York’s subways, buses, and paratransit vehicles.

As the congestion pricing program continues to unfold, it’s clear that its impact extends beyond just reducing traffic—it’s fostering a more dynamic urban environment where business thrives and the quality of life improves. With ongoing support from various stakeholders, New York’s forward-thinking approach may set a standard for cities worldwide facing similar challenges.