New York issues request for private firms to operate parking meters

New York City officials have this week launched a request for qualifications for possible private firms to operate parking meters in the city. The meters cover over 80,000 parking spaces in five boroughs. Spokesperson for the city's mayor, Julie Wood, said that the privatisation would allow for innovative methods to improve quality and efficiency of the city's parking services. She added that the city will proceed cautiously with the plan, stating that any possible deal would see the city maintaining full c
June 13, 2012 Read time: 1 min
RSSNew York City officials have this week launched a request for qualifications for possible private firms to operate parking meters in the city. The meters cover over 80,000 parking spaces in five boroughs. Spokesperson for the city's mayor, Julie Wood, said that the privatisation would allow for innovative methods to improve quality and efficiency of the city's parking services. She added that the city will proceed cautiously with the plan, stating that any possible deal would see the city maintaining full control of violations enforcements as well as parking meter rates.

Deputy Mayor Robert Steel said that the privatisation will proceed only when there is real promise of high-tech innnovations, the city keeps its power on parking policy, and its financial position is safeguarded. In 2011, parking meters brought in net revenues of US$93 million for the city.
Parking & Access Control

Related Content

  • Spreading the word about Bike Share in the US
    April 19, 2016
    Smart bike share technology and funding policies help bridge the transit gap through the final mile as Andrew Bardin Williams explains. The sharing economy is coming to Portland this summer. BikeTown, the city’s new bike share program sponsored by Nike, will be launched in mid-July with 1,000 bicycles distributed across 100 stations throughout the city. Originally funded by a $2 million federal grant, the program has been boosted by a $10 million sponsorship deal with Nike ensures funding for the next five
    Read More
  • ITS projects deliver return on investment
    December 3, 2012
    Light is being shed on where the real return on investment is today – growing, tangible, revenue-generating markets like ITS. There is a great deal of investment going on within the ITS space, and a great deal of external interest in investing in ITS,” says Scott Belcher, President and CEO of ITS America, which has been connecting investors with technology firms ripe for investment. Interested parties include the leading investment banking firm Raymond James. Its managing director, Gary Downing says: “ITS i
    Read More
  • New Haven shows small can be beautiful
    October 22, 2014
    Connecticut’s new administration is using smart policy and ITS solutions to bridge social divides. Andrew Bardin Williams investigates. With only 130,000 residents, New Haven can hardly be called a metropolis. Measuring less than 502km (18 square miles), the city is huddled against the coast, squeezed between two mountains (appropriately called East Rock and West Rock) that, at 111m and 213m (366ft and 700ft) respectively, can hardly be called mountains. The airport is small and has limited service, and th
    Read More
  • Nedap delivers street parking solution
    July 4, 2013
    The problem of finding a parking space in the most important parking facility in the German city of Dillingen has been solved, thanks to a wireless parking sensor system developed by Dutch technology company Nedap. The car park, with both private and public spaces, is located in an inner courtyard and not visible from the main access road, resulting in visitors continuously searching for a free parking space.
    Read More

Highlighted Content