New York News
NYC parking meter rates going up 25 cents
NEW YORK (WABC) -- You may want to start saving some extra change if you park in New York City.
Rates at parking meters will go up by a quarter an hour starting January 3rd.
Some members of the city council are trying to stop the increase, saying it will hurt businesses.
Jose Cruz is frustrated that a simple shopping trip is going to cost even more.
This time it's parking meters dipping into his wallet.
Unfortunately the mayor doesn't need a referendum to charge more for curbside parking.
Start packing more quarters because rates in the outer boroughs are about to go up another 25 cents to a dollar an hour.
That might not sound like the end of the world, but it's still a 100% hike in the last 2 years.
The increase should generate an additional $3 million a year, which is desperately needed to help balance the budget.
But, that's also $3 million less for the city's hard working middle class.
Merchants are also alarmed.
In Downtown Brooklyn, they fear it will push more shoppers to the suburbs were parking is free.
The new rates expected to take effect right after the holidays and in some places even sooner.
new york city, parking, new york news, lucy yang
- School bus collides with taxi in Brooklyn
- AccuWeather: March Roller Coaster
- Live: Eyewitness News on 7online streamed live!
- Get WATCH ABC for your mobile device
- Sketch released of suspect in Hoboken sex assault
- Nassau County employees protest wage freeze
- Tarrytown Tappan Zee ramp closure begins
- Fed investigators probe Port Authority chairman
- Newtown shooter's father speaks out for 1st time
- Malaysian plane mystery continues
- Photos: Malaysia Airlines missing plane
- Phil Jackson likely taking Knicks job, ESPN reports
- Photos: Brooklyn school bus accident
- Photos: Weather whiplash