If you own a car in New York City and need a place to park, leaving it on the street is a nice bargain. The only “cost” is alternate-side restrictions for street cleaning — otherwise, all that space is free. It’s such a good deal that in outer-borough neighborhoods, most car owners with an off-street space at home still choose to leave their cars at the curb.
New York is one of the few large American cities without residential parking permits. While the city has not put any price on residential curbside parking, New Yorkers themselves are willing to pay, according to a new survey by researchers at NYU and CUNY. More than half of survey respondents who live outside the Manhattan core said they would be willing to pay for an on-street parking permit, if the city offered them.
Conventional wisdom assumes that attaching a price to curbside parking in New York is political suicide. “It doesn’t reflect… what people would be willing to pay,” said Simon McDonnell, a policy analyst at City University of New York who co-wrote the paper with NYU professor Zhan Guo. “There had been no quantification of that in New York City.”
“Curb pricing is not a definite no,” Guo said.
The survey, conducted from 2010 to 2011 and released last October, was filled out by 200 respondents in the Bronx, Brooklyn, Queens, and Manhattan above 110th Street offering information about their demographics and transportation routines. It also included this key question:
Many US cities have parking permits that restrict on-street parking to local residents in a neighborhood. As a result, non-residents are only allowed to park for a limited period of time (e.g. two hours) in these permit zones. If New York City offered your household an on-street parking permit for your neighborhood, how much would you be willing to pay for it?
About 53 percent of respondents — who included car owners as well as car-free New Yorkers — said that if the city offered permits, they would be willing to pay, giving an average price of $408 per year. Factoring in the 47 percent who said they wouldn’t shell out any money for a permit, the average amount respondents said they would pay was $215.