City Department of Transportation (DOT) Commissioner Polly Trottenberg said in May that parking meter rates will go up citywide by the end of 2018. The new plan, according to city officials, calls for modest rate increases that would kick in during a second hour of parking.
The city says the goal is to encourage greater turnover in congested parking districts. DOT also wants to add more parking zones to charge higher rates in certain parts of the outer boroughs. Trottenberg noted that meters in heavily congested areas cost the same as less congested areas.
Parking meter rates last increased in 2013. DOT officials said there are currently about 85,000 metered spots throughout the city.
Source: Crain’s New York Business