The NY Post reports that monthly parking rates have reached record levels: the median monthly midtown parking rate has hit $630, with some garages charging rates approaching $1,000. This is the most expensive neighborhood to park in the U.S. (Downtown Manhattan being the second most expensive area).
Source: $PACE RACE: MIDTOWN PARKING TOPS IN U.S. (NY Post) »
A recent poll indicates that 81% of residents of the city, Long Island and Westchester and Rockland counties supported Mayor Bloomberg's plan to institute a tax on motorists entering the city during the week...
Continue reading: 81% of New Yorkers Support Congestion Pricing Plan »
According to an
[article in the NY Post] the MTA is about to
begin construction of Phase One of the 2nd avenue line (aka the "T" train).
The first phase will stretch from East 96th to East 63rd where it will
connect to the Q line.
The cost of this phase is $3.8 billion and the estimated date of completion
is 2013. There are three more phases to the project with Phase Two running
from 125th to 96th, Phase Three running down from 63rd to Houston and eventually, Phase Four going all the way down to Hanover Square in the
Financial District.
If you ever had to walk all the way west from the A/C stop on West 34th street,
this idea has surely crossed your mind: "Why isn't there a closer subway stop for people living
and working on the West Side?".
Well, soon there will be. The boards of the MTA and City Hall jointly [approved an agreement] under which the 7 train will
extend all the way to 34th St. and 11th Ave. Unfortunately, the extension will take six years to
complete, so until 2012 we're just going have to walk from 34th and 8th. Earlier, more ambitious plans calling for a 2-stop extension were scrapped.
NY Times [reports] on Port Authority's plans for a new ferry service connecting Yonkers with the Battery Park City terminal and Pier 11. The commute time is expected to be about 45 minutes and the service is slated to begin next Spring (2007).