NYC congestion pricing is a must – with a key proviso | Editorial – HEDGE accordingly
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The speed limit on most Manhattan streets is 25 miles per hour, but on a typical weekday, cars move at 6.8 mph. Below 60th Street, which is known as the Midtown Core, it’s 4.7 mph. This is where the term “gridlock” was invented. It’s where the world congregates for congestion and jangled nerves, for tailpipe concertos and pulmonary failure, and for deadly pollutants and astonishing waste: The Partnership for New York says time lost in traffic costs the city’s economy $20 billion in revenue every year. This is no way to travel or live — certainly not for commuters from the Jersey side — so at l…

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HEDGE accordingly