Tuesday, December 16, 2008

Bloomberg on East River Toll Idea

1st\NW Quadrant: The Approval Matrix

By Rich Schapiro\Daily News

A state commission is considering adding tolls to the Brooklyn, Manhattan, Williamsburg and 59th Street bridges to ease the MTA's billion-dollar budget hole, sources said.

With nearly half a million cars and trucks crossing the four East River bridges every day, the proposed tolls could raise up to $1 billion for the cash-strapped MTA, sources said.

The proposal wouldn't go into effect overnight - or without a vicious fight.

Both City Hall and Albany would have to approve the wallet-busting plan because the city owns the four bridges and the Metropolitan Transportation Authority is a state agency.

By Graham T. Beck\Gotham Gazette

Although Mayor Michael Bloomberg appeared at the press conference announcing the report, he has not issued a full-fledge endorsement, saying instead that it is up to the legislature "to come up with solutions."

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