Re:Downside of Lower Manhattan’s Boom: It’s Too Crowded
by acdha on Friday December 02, 2016 @01:26PM
(#13090970)
None of those need street parking – in fact, you'd dramatically improve their experience if the parking lanes were replaced with dedicated transit / bike lanes, etc. and a few dedicated taxi/etc. loading spaces.
One of the reasons for this is that street parking is usually subsidized well below the market rates and so drivers will spend a significant amount of time looking for a cheaper parking space rather than simply parking in a garage, and they're using road capacity until they either find a space (and then block the lane while they slowly attempt to parallel park) or give up and pay to park off-street:
“In 2006, surveyors interviewed drivers stopped at a traffic signal in the SoHo district of Manhattan, and 28 percent reported they were cruising for curb parking. A similar study in Brooklyn found that 45 percent of drivers were cruising. The same results might be found on many other streets in New York because off-street parking is generally far more expensive than on-street parking. In midtown Manhattan, for example, the price for the first hour of off-street parking is often about $20, while curb parking is only $1. Parking for an hour at the curb saves $19, but drivers first have to cruise to find a space on the street.”
One of the reasons for this is that street parking is usually subsidized well below the market rates and so drivers will spend a significant amount of time looking for a cheaper parking space rather than simply parking in a garage, and they're using road capacity until they either find a space (and then block the lane while they slowly attempt to parallel park) or give up and pay to park off-street:
“In 2006, surveyors interviewed drivers stopped at a traffic signal in the SoHo district of Manhattan, and 28 percent reported they were cruising for curb parking. A similar study in Brooklyn found that 45 percent of drivers were cruising. The same results might be found on many other streets in New York because off-street parking is generally far more expensive than on-street parking. In midtown Manhattan, for example, the price for the first hour of off-street parking is often about $20, while curb parking is only $1. Parking for an hour at the curb saves $19, but drivers first have to cruise to find a space on the street.”
http://shoup.bol.ucla.edu/CruisingForParkingAccess.pdf