New York City parking meter rate hikes take effect

Monday, October 16, 2023
NEW YORK CITY (WABC) -- If you're parking your car in Manhattan, you're going to need to dig a bit deeper into your pockets.

New parking meter rate hikes went into effect on Monday. The increases vary by zone and the highest spikes are in Midtown and Lower Manhattan.
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Hourly rates will increase there to $5.50, up from $4.50 and the second hour will go up by $1.50, to $9.

Neighborhood retail and business districts will also see an increase.

In Midtown, commercial vehicles will pay $7 for the first hour, $10 for the second and $13 for the third -- or $30 for three hours.

Joe Longobardi owns a construction company based in New Jersey, and come May, when congestion pricing begins, he thinks he might be priced out of Manhattan.



"How am I supposed to survive if I have to come in and drop off materials and go back out and then come back in, do I get double whammy? Besides the tolls that's ridiculous," Longobardi said.

Subway and bus fares increased in August and taxi fares went up less than a year ago.
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The next borough to see meter prices go up is Queens beginning October 27.

They will hit the other three boroughs next month.
NYC parking meter rate hikes take effect

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