|
|
Article: FTA chief: Albany wrong for snubbing congestion pricing.
- Article from:
- Real Estate Weekly
- Article date:
- April 16, 2008
- Author:
CopyrightCOPYRIGHT 2008 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Local and state officials are not the only ones weighing in on the death of congestion pricing.
James S. Simpson, administrator for the Federal Transit Administration, spoke out against Albany during a New York Building Congress breakfast last week.
"We at the DOT and the Bush Administration consider this to be a poor decision ... and shortsighted," he said at the Hilton in Midtown.
Simpson said money could have been raised with congestion pricing to help pay for sorely needed transportation improvements, while cutting traffic and pollution.
New York City is estimated to lose nearly $500 million annually for mass-transit upgrades and ...