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The Queens Chamber of Commerce released a report that concluded that implementing congestion pricing would cause a net reduction in the number of people going into Manhattan's central business district each day. The report stated that the congestion pricing plan could cost the city $1.89 billion per year in economic losses. [89]
With a cost of $80 million (equivalent to $804 million in 2023 [26]), the Brooklyn–Battery Tunnel was also dubbed the most expensive tunnel in the United States. [192] It was expensive enough that the TBTA had been forced to look around the world for a company that could cover the tunnel's $33.5-million (equivalent to $337 million in 2023 ...
The board called for toll rates in the off-hours (from 9 p.m.-5 a.m. on weekdays, and 9 p.m. until 9 a.m. on weekends) to be about 75% less — about $3.50 instead of $15 for a passenger vehicle.
From the 1940s to the 1960s, the TBTA built the Battery Tunnel Parking Garage, Jacob Riis Beach Parking Field, the New York Coliseum, and the East Side Airlines Terminal. [ 46 ] Aside from toll crossings, one of the TBTA's most profitable properties was the New York Coliseum, an office building and convention center at Columbus Circle in Manhattan.
Each of its tubes were designed 1.5 feet (0.46 m) wider than the Holland Tunnel in order to accommodate the wider cars of the period. When the Brooklyn–Battery Tunnel opened in 1950, it was the longest continuous underwater vehicular tunnel in North America, a title it still holds. [16]
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The Battery Park Underpass is a vehicular tunnel at the southernmost tip of Manhattan, New York City, near the neighborhoods of South Ferry and Battery Park City. The tunnel connects FDR Drive, which runs along the east side of Manhattan Island, with the West Side Highway (New York State Route 9A, or NY 9A), which runs along the island's west ...
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