Here are some of the most common misconceptions of congestion pricing
declared in July that “hotel occupancy has improved markedly over the last year as business and leisure travel resume in New York.”Several small business owners who spoke at the public hearings, including an electrician and a funeral home owner, vowed to pass congestion pricing costs on to customers. Just how much of an increase business owners will face is unclear because the price of the tolls has not been determined.
, noting that only about 2% percent – or 5,000 people – living in poverty would have to pay the toll. The vast majority of low income New Yorkers use mass transit and will benefit from more investment in subways and less traffic for buses.
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