More price hikes in New York: parking meters will go up between 20 and 25%.
Price hikes continue in New York: on-street parking will be more expensive when parking meters go up 20 to 25% starting in October and November in the five boroughs.
Price hikes continue in New York City: following increases in electricity, tolls and bus, commuter rail and subway fares in August, on-street parking will become more expensive when parking meters go up 20-25% starting in October and November.
As is tradition, parking meters will continue to be more expensive on the busiest streets in Manhattan than on less congested streets in The Bronx, Brooklyn, Staten Island or Queens, and the increases will continue that trend.
“By aligning parking meter rates with demand we’re going to make it easier for drivers to find a spot because there will be more availability,” a DOT spokesperson said in a statement. “These new rates will also reduce congestion and double-parking while supporting the local economy.”
Drivers in Manhattan will be the first to see the increase beginning Oct. 16. In the busiest areas of Midtown and Downtown, the first hour of metered parking will cost $5.50: 22% more than the current $4.50 charge, noted Daily News.
A second hour of parking in Midtown or Downtown will cost $9 dollars: 20% more than the current price of $7.50. In total, two hours of metered parking in the city’s busiest areas will cost $14.50, a 21% increase from the current $12 charge.
Queens drivers will begin paying 25% more on October 27. In busy downtown Flushing and Jamaica parking will cost $2.50 for the first hour; and $5 for each subsequent hour.
The cost in Brooklyn will go up on November 9 at the same rate (25%) as Queens, followed by the Bronx on November 22. Finally, in Staten Island the increase will be activated on November 28.
Revenues from the city’s parking meters go into the city’s general fund. A complete map of parking meter rates can be found on the NYC Department of Transportation (DOT) website.