The government needs to devise a plan
to bail out New York taxi drivers. That
is, according to Bronx and Queens Democrat Representative
Alexandria Ocasio-Cortez who is pushing for a financial rescue plan to be made
available for the thousands of drivers manipulated into less than legitimate
loans. At a recent congressional hearing
about lending, she
“This is manufactured financial indentured servitude. And it is wrong. We need to bail out these drivers.”
representatives in New York – Nydia Velázquez and Carolyn B. Maloney –
supported the words of Ocasio-Cortez. There
are also issues with New Yorkers trying to make more money by driving an
Uber. their hopes of supplementing their
incomes have been dashed due to crippling car leasing fees – $500 weekly for a
Lincoln with 30,000 miles on it. One
individual drove like this for three years
working for Uber. His work days lasted 16 hours and he had already paid $78,000
for this “privilege.” when American Lease would not relinquish the car’s title,
like Velázquez, Maloney and Ocasio-Cortez can make this their next project.
of the many complaints of New York living/working is the expense. Accommodation, office space, taxes – these
are just some of the reasons for the oppressive expenditure people encounter.
was thrilling for the author of this blog to learn about the cashless tolls
that will soon be placed on the New York and New Jersey crossings. Recently approved by the Port Authority,
there is now dedicated money being put toward the tolling equipment
construction needs. The estimated costs
George Washington Bridge – $89m
Lincoln Tunnel – $60m
Holland Tunnel – $60m.
is a lot of work to be done for this:
the construction and mounting of toll readers and cameras; alteration of
approach roads; deconstruction of the current toll plazas.
hoped that the system will be in operation by 2021, in conjunction with the
MTA’s congestion pricing.
Finally the state of New York is granting to
permission for electric scooter-sharing companies to operate in certain
areas. Initially accepted by Albany
(which has come to an agreement to remove the ban), the next step is for
Governor Andrew Cuomo to legalize it for the rest of the state.
This new policy will have its limits. First,
cities in New York will have the option to say yes or no to this so that
localities will allow to make the decision themselves on how the vehicles are
operated etc. Although the e-vehicles
will be legal throughout the state, municipalities will have to give the last
word on allowing a sharing service before it is launched.
All of this however does not apply to one
borough – Manhattan – at least for now.
those in that borough will have to continue to use: their own bikes,
buses, cars, the Roosevelt Island Tram, the infamous subway system and taxis.
Transportation issues in New York City
are nothing new. Parking is horrendous;
driving is awful and the subway has never gotten the best rep. But now a recent report has found that approximately
one third of New Yorkers do not even live within walking distance of a subway
stop. Plus, this issue seems to fall overwhelmingly
within lower-income concentrated neighborhoods like Brooklyn and northeast
NYC’s transportation problem is not limited
to the subway. Dockless bike and scooter
firm Lime also commissioned a study and its conclusions were similar in that
again it is the poorest neighborhoods taking the fall for lack of viable
transportation options. With Lime, Bird
has been lobbying officials in the city to improve micromobility. And Lime is arguing that if e-scooters became
legal, this would improve the mobility of 1.5 million New Yorkers, providing
them with much better access to local transit.
With a scooter, they could actually be a mere 10 minutes away from subway
There have been some strides though in
this area. In 2018 an endeavor was taken
by the New York City Department of Transportation (DOT) to introduce a dockless
bike share program in underserved areas via Citi Bike.
And in other transportation news for
the city, we are about to witness the end of the MetroCard. Plans from the MTA include the testing of a
new fare payment system, dubbed OMNY – One Metro New York in an effort to
enable New Yorkers to “experience all that the region offers.
New York transit system has been in need of an overhaul for some time now. to fix it however, the Metropolitan
Transportation Authority (MTA) is short of around $60 billion. that figure is actually twice of its current
capital plan and so the question becomes what will happen with the much-needed
commission has been set up to take this to the next level. chaired by head
of the business-backed Partnership for New York City, Kathryn Wylde, the group
commissioned a report that – surprise, surprise – requested more revenue. Most of the commissioners (who also include
former City Council speaker Melissa Mark-Vierito), suggested a kind of toll to
be applied to truck and car drivers going into Manhattan below 60th
Street causing congestion. this would
actually raise $1b+ annually.
Although this situation is hardly new. going back a decade ago now, a 2008
commission was set up that recommended MTA funding sources. that resulted in the 2009 payroll tax. since then 10 percent of MTA’s $16.7 billion
budget comes from New York downstate employees indirect tax.
So what is new? The
most recent report gave a whole slew of suggestions, one of which was to “acknowledge
that the M.T.A. construct has failed and call for its dissolution.” should that not be acceptable, another way to
increase efficiency that was suggested was to hire an independent auditor to
investigate capital costs of the MTA and thereafter reform its methods and
streamline how orders are changed during the construction process. in addition, there is a lot of money lost in
fare evasion each year. stamp down on
that and you’ve gotten yourself $125
million extra annually.
These are just some of the 37 suggestions featured in the
report. It’s definitely worth a try.
New York City’s disabled are fighting for better wheelchair access on the streets. As such, they will participate in the third annual Disability Pride Parade. Problematic issues include: the subway (only 25% of 472 stations are wheelchair accessible); elevators in general (fix problematic ones, maintain existing ones and build new ones, while updating info on new app); fix and improve Access-A-Ride (which enables disabled users to get rides without making reservations/shared rides and is cheaper); continue to improve on cab-wheelchair accessibility (which is due to be halved in the next 2 ½ years) and more.
“the dance makers found New York City newly brimming with opportunity for disability arts, spurred in part by a growing advocacy movement, engaged government leadership, an expanding pool of interested funders, and effective promotion and program development furthered by Dance/NYC and partners such as Disability/Arts/NYC Task Force.”
However, there is still much work to be done since the report also found that:
“participants experienced significant barriers to successful performances, from inaccessible facilities and transportation options to extreme financial demands placed on disabled touring artists and subtleties of audience engagement.”
While people often steer clear from New York City and its environs for business headquarters, that might be changing. One example is Discovery Communications, a Maryland-based operation that will be moving to Manhattan in the latter part of 2019. Having just signed on a new transaction (the purchase of Scripps Networks Interactive for $12 billion) it is seemingly now taking its business to the next level by centralizing its headquarters.
And it’s not just businesses. Leisure is getting an upgrade too with the new Pier 17 in Lower Manhattan is looking to become one of the top summer destination spots for locals and visitors alike. The reason Executive Chef at Heinken Riverdeck David Kornell set up shop there was because he had an idea about all the people docking from the boats and ships and figured it would make a great choice for a global menu.
Right now the rest of Pier 17 remains under construction but it won’t be long until its graced with a variety of eateries and stores, including one by David Chang (founder of Momofuku) and Jean-Georges Vongerichten’s food hall.
A century ago, one of the things New York City had a good reputation for was its infrastructure. Just looking at its water tunneling and reservoir systems, one could immediately tell that there was good, solid work done on the city’s infrastructure. At the time, that was very important to quality of life and popularity of such a large, cosmopolitan city.
But the 21st century changed the way we look at infrastructure and it is unclear as to how much NYC changed with it. Due to digitalization of the economy, building infrastructure is not the big name, but rather data infrastructure is. And it appears that NYC is not keeping up with its Silicon Valley counterparts.
When it comes to business and corporations, New York has it all. It gets mentioned in Fortune 500 and Forbes articles and is a hub for business development. But when you look at the start-up industry it seems like it is just not “all that” and when comparing it to Silicon Valley it has almost been an embarrassment.
It is not all doom and gloom though. Things do seem to be changing with their up-and-coming firms which are taking quite a chunk of the market share. In addition there is an increasing number of startups with core technological aspects which are focused on the creation and development of enterprise infrastructure and apps that have traditionally been lacking so much in the area. And thus authors of this article believe that there is now a “changing exit environment for startups in NYC, the rise of a set of mafias which are incubating startups, and the changing culture of customers and how that is assisting NYC startups with their competition out west.”
An investigation is being undertaken into how New York’s major utility companies have responded to the loss of power to close to 600,000 homes/businesses in the northeast earlier this month. Also being considered is the groundwork that was embarked upon prior to the events.
Seven utility companies are being inspected. They have all been notified by the Public Service Commission of this. there were two utilities that received the bulk of the criticism due to the amount of time it took to restore power following the snow storms of March 2nd and March 7th with some people being without power for up to 10 days.
Cuomo said he was “not satisfied,” calling the situation “wholly unacceptable. These storms have now become the rule rather the exception. They have to have the capacity to quickly restore power.”
The NY Federal Government requested Cuomo’s administration to remove the ‘I Love NY’ road signs which threatened to cost taxpayers a $14 million penalty. Now that it has been decided the campaign has finally “run its useful course,” a new tourism initiative will replace this one in time for summer.
According to a joint statement put out by Acting Transportation Commissioner Paul Karas and Thruway Authority Director Matthew Driscoll:
“Since the Governor initiated this branding effort, the number of tourists to New York State has increased by 18 percent and the direct economic impact of tourism on the State has skyrocketed by more than 20%.”
In addition, according to NYC & Co Spokesman Chris Heywood there was an increase in arrivals to NYC from the 2016 number of 60.5 million to 61.8 million in 2017. This increase was put down to being driven “primarily by domestic U.S. tourism” (which could be put down to the I ❤️ NY signs?).
A bit further afield state officials are looking toward North County to get a tourism grant. $13 million in capital funding has been earmarked by Cuomo to build new lodging properties in northern New York and last year a task force was set up to organize a model for successful lodging development in an effort to bolster tourism. The money will be targeted specifically to the Thousand Islands and Adirondack regions.