Traffic falls in New York City after $9 congestion fee introduced

By David Shepardson

WASHINGTON (Reuters) -Traffic in Manhattan’s central business district fell by 7.5% last week and 273,000 fewer cars entered the borough’s central business district after the first congestion pricing fee in the U.S. took effect on Jan. 5, New York City transit officials said on Monday.

The fee is designed to reduce traffic and raise billions for mass transit, with most of the revenue generated targeted to upgrade the city’s subway and bus systems…

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