Transportation
How to Fix New York City's 'Unsustainable' Traffic Woes
First step: Acknowledge that ride-hailing apps are jamming streets worse than ever.
Traffic is getting worse in New York City—much worse. Average speeds during business hours in Manhattan’s core dropped to a crawl in 2017—about six miles per hour, 15 percent slower than in 2010.
That time is everyone’s money: According to INRIX, a transportation analytics firm, lost hours and excess fuel costs sucked nearly $17 billion out of the New York City economy in 2016. That’s not far off from the GDP of Iceland.