FTA head says traffic debate isn’t over

New York /
Apr.April 10, 2008 02:07 PM

The head of the Federal Transit Administration, James Simpson, told the city’s construction industry this morning that hopes for funding the region’s mass transit improvements did not die with the collapse of congestion pricing. 

During an appearance in front of the New York Building Congress, Simpson said Albany’s failure to vote on Mayor Michael Bloomberg’s congestion-pricing proposal — which would have qualified New York for $354 million in federal mass transit funds — was a “shame” and a “waste.” But, he said, it was not the end of the debate over the idea.

“You can still do dynamic pricing, maybe charge cars $8 for coming in between 6 and 9 in the morning, but make it free from 12 to 2,” he said.

In addition, Simpson told reporters that the federal government could finance up to 80 percent of new bus rapid transit routes — something the Bloomberg administration has been eyeing — around the country this year.

That pool does not hinge on implementing congestion pricing in the city.
And the FTA has requested another, much smaller national pool of congestion-pricing money for next year’s budget. “New York would be at the top of any list” of applicants, he said.

Simpson warned that New Yorkers should not expect better bus and train service in rapidly-developing neighborhoods unless the city gets serious about charging cars that create gridlock in Manhattan.
 
Seattle, Miami, Minneapolis and San Francisco are all using federal transportation money to design congestion-fee programs, Simpson said, adding that he expected other cities to follow suit.

The head of the Building Congress, Dick Anderson, has long complained of the time crews waste while stuck in gridlock. Anderson lobbied hard for Bloomberg’s plan and continues to beat the drum for the Metropolitan Transportation Authority’s next capital plan, which faces a $17.5 billion funding gap.
 
Meanwhile, Simpson told the group that copper prices have soared 270 percent and steel prices have climbed 160 percent annually since 2003.
 


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)
Hudson Yards megadevelopment inspires a new line of sex toys
Hudson Yards megadevelopment inspires a new line of sex toys
Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Ruby Schron lands $500M refi for sprawling Queens apartment portfolio
Wendy Silverstein (Credit: Getty Images)
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Wendy Silverstein, co-head of WeWork’s real-estate fund, is out
Michael Gianaris, Julia Salazar and Jabari Brisport support the bill to abolish 421a. (Getty, Jabari Brisport via Twitter, 544 Union)
Lawmakers vow to end 421a as tenants sue landlords getting tax break
Lawmakers vow to end 421a as tenants sue landlords getting tax break
Photo Illustration of Gov. Andrew Cuomo (Getty; iStock/Illustration by Kevin Rebong for The Real Deal)
Cuomo reverses course, says indoor dining will return to NYC soon
Cuomo reverses course, says indoor dining will return to NYC soon
A photo illustration of the Belnord at 225 West 86th Street and HFZ CEO Ziel Feldman (Getty; iStock/Illustration by Kevin Rebong for The Real Deal)
Westbrook takes over HFZ’s Belnord conversion
Westbrook takes over HFZ’s Belnord conversion
From left: 11 Madison Avenue, Beam Suntory CEO Albert Baladi and SL Green CEO Marc Holliday (Photos via Beam Suntory; SL Green)
Beam Suntory will move HQ to 11 Madison Ave from Chicago
Beam Suntory will move HQ to 11 Madison Ave from Chicago
New York Senators James Skoufis, Kevin Thomas, and Brian Kavanagh. (Facebook via Skoufis, Thomas, and Kavanagh respectfully)
Lawmakers call for stiff penalties, reform after housing discrimination probe
Lawmakers call for stiff penalties, reform after housing discrimination probe
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...