TransLink is facing a $600 million operating deficit by 2026. Previous reports suggest mobility pricing could generate up to $1.6 billion for the transit agency.

Ridership growth ahead of December rate in most cases; vehicle traffic in congestion zone decreases by more than 1 million vehicles, MTA says

Drive times into Manhattan have dropped dramatically since the institution of New York’s congestion tolling program, according to data released Wednesday by the MTA — with the most significant improvements at the Holland Tunnel.

New York's congestion pricing has led to 1 million total fewer vehicles entering the busiest part of Manhattan and cut commuting times since the program began on Jan. 5, a transit agency said on Wednesday.

The MTA previously reported that the new fees, which launched on Jan. 5, led to 7% fewer vehicles entering the tolling zone south of 60th Street during the first several days they were in effect, compared to a similar period last year.