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Broadway Sees Business Boost Following Introduction of Congestion Pricing

Photo credit: www.broadwayworld.com

According to a recent report by amNewYork, Broadway has witnessed a noticeable uptick in activity since the introduction of congestion pricing on January 5. This new policy imposes a toll of $9 for vehicles entering the Congestion Relief Zone located south of 61st Street in Manhattan.

Statistics provided by Governor Kathy Hochul reveal that attendance at Broadway shows surged by approximately 19% during the first two months of 2025 compared to the same timeframe in 2024.

In terms of revenue, Broadway generated $32,176,529 in ticket sales for the week ending January 12, 2025. This was only eight days after congestion pricing came into play, a period during which the previous year had earnings of $27,657,991 for the same week. For further insights into Broadway’s financial performance, refer to BroadwayWorld’s grosses report for the week ending January 12 HERE.

For the week concluding on March 16, 2025, Broadway reported gross earnings of $37,459,896, a significant increase from the $28,059,463 recorded during the corresponding week in 2024.

A previous poll conducted by BroadwayWorld explored how congestion pricing might influence readers’ travel habits into the city. The findings indicated that 74.6% of respondents do not anticipate any change in their frequency of visits to Manhattan. Furthermore, 61.5% indicated that they typically rely on public transportation and do not foresee congestion pricing affecting their travel methods in the future.

UNDERSTANDING CONGESTION PRICING

The toll system for entering New York City’s Central Business District (CBD)—which encompasses Manhattan south of 60th Street—operates as follows: peak hours are defined as 5 AM to 9 PM on weekdays and 9 AM to 9 PM on weekends, with the rest of the hours classified as off-peak or overnight.

Daytime E-ZPass Tolls

  • Passenger vehicles (once per day): $9 (peak), $2.25 (off-peak)
  • Motorcycles (once per day): $4.50 (peak), $1.05 (off-peak)
  • Small trucks and non-commuter buses: $14.40 (peak), $3.60 (off-peak)
  • Large trucks and sightseeing buses: $21.60 (peak), $5.40 (off-peak)

Tolls by Mail

  • Passenger vehicles (once per day): $13.50 (peak), $3.30 (off-peak)
  • Motorcycles (once per day): $6.75 (peak), $1.65 (off-peak)
  • Small trucks and non-commuter buses: $21.60 (peak), $5.40 (off-peak)
  • Large trucks and sightseeing buses: $32.40 (peak), $8.10 (off-peak)

Per-Ride Fees

  • Taxis and black cars: $0.75
  • App-based for-hire vehicles: $1.50

Moreover, certain eligible drivers can avail themselves of additional discounts, credits, and exemptions, which may include a low-income volume discount or a specific exemption for disabilities.

Source
www.broadwayworld.com

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