Skip to main content

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.

Related Content

  • Caltrans takes the long view of transport
    October 21, 2016
    Caltrans’ Malcolm Dougherty took time out of his schedule at ITS America 2016 in San Jose to talk to ITS International about current and future challenges. As director of California Department of Transportation (Caltrans) since mid-2012, many would say that Malcolm Dougherty has one of the best jobs in transportation. Caltrans is one of the most progressive and innovative transport authorities, implementing policies to encourage cycling, piloting new
  • Siemens offers Stamford a ‘bird’s eye view’
    April 29, 2019
    Stamford, Connecticut is a vibrant, diverse community overlooking the Long Island Sound, within commuting distance of New York City. Stamford hosts the largest financial district in the greater New York metro area outside of Manhattan and is home to a high concentration of large corporations and corporate HQs. With a population of 130,000, Stamford is Connecticut’s third largest city and the fastest-growing municipality in the state. Like many US cities, Stamford had previously relied on an antiquated traf
  • Cost benefit analysis ‘can’t be carried out with a cookbook’
    June 25, 2018
    There is far more to working out the worth of a project than simply filling in a few headings on a spreadsheet. David Crawford surveys some recent thinking from the US and Canada. Cost benefit analysis (CBA) “can’t be carried out with a cookbook”, warns US analyst Professor Robert J Brent. “ You can’t just get out a spreadsheet and fill in the data for all the headings. Each transport CBA should have something that is distinctive, in terms of location (for example, for a rural area), types of user
  • Taking the long view of ITS
    March 24, 2015
    Caroline Visser believes the ITS industry must present a coherent case for consideration of the technology to become part of transport policy and planning. As ITS advisor and road finance director for the International Road Federation (IRF) in Geneva, Caroline Visser is well placed to evaluate quantifying the benefits of ITS implementation – a topic about which there is little agreement and even less consistency. She is pressing to get some consistency in the evaluation of ITS deployments through the use of