When I lived in the area, I used to regularly drive in to lower Manhattan after 6PM for free parking because it was cheaper, faster, and more convenient than taking the train from right in front of my NJ apartment. The congestion charge would change that equation.
The parking should've never been free in the first place, that's always a mistake. Even a single parking spot costs many thousands of dollars a year to maintain and own.
> Even a single parking spot costs many thousands of dollars a year to maintain
In what universe is this true?
There are 3 million parking spots in NYC. If each cost $3000/year to maintain (presumably that's "many thousands"), that would be $9 billion/year - considerably more than what's spend on the entire Department of Transportation.
I'd be shocked if a single spot cost even $100/year to maintain.
It's the opportunity cost of the land being used as parking.
Manhattan is one of the few parts of the US where we don't indirectly mandate seven parking spots per car on average. A surface lot ends up costing about $7,000/spot to pave. But at >$1,000,000 per acre garages are used instead. But then that's tens of thousands per spot in construction cost. Underground parking is the most expensive type due to excavation cost. Meanwhile the most convenient parking curbside is offered by the government for free or <$1. Is there something wrong with this picture?
> Treating curbside parking like it was exactly the same as large rectangular lots is nonsense.
Yeah because the parking is already built. But obviously before you build the parking you have a choice - and building "free" parking is a really stupid choice you should never make. You can give that space to building or the road, either will be more productive.
Opportunity cost of not having protected bike lanes or dedicated transit right of way. Especially in a place like Manhattan improving cycling safety and getting busses out of traffic would be a huge net gain for the city compared with huge amounts of space dedicated to large private vehicles.
