Hourly parking meter rates will increase in New York City by 20% beginning Monday. In some of the busiest areas of Manhattan, rates will be increasing from $1 to $5 an hour.
In some of the busiest areas of Manhattan's core commercial districts, rates will be increasing from $1 to $5 an hour. While some commuters do not welcome the rate hikes, these new prices will encourage higher turnover, which experts said is better for local businesses. FOX 5 New York's Arthur Chi'en has the latest.Beginning Monday, hourly parking meter rates will increase throughout New York City by 20%. neighborhoods and after the first hour of parking.
Parking meters for passenger cars in areas south of 96th St. will go up $1 and cost an additional $1.50 for each subsequent hourFirst hour: $5.50 Rates increase starting October 27.Total for two hours: $7.50 Brooklyn parking rates will increase starting November 9 at the same rate as Queens, followed by the Bronx on November 22.
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