FHA Approves Congestion Pricing Plan

BY BRANDON ORTIZ

Governor Kathy Hochul announced on Tuesday this week that the city’s con- ing federal approval. sessment on the plan.

The congestion pricing plan, called the Manhattan Central Business District Tolling Program, is designed to reduce the city’s overall congestion problem by establishing a toll for individuals driving below 60th Street in Manhattan, and ing a bill for the toll via mail to the driver’s place of residence.

Central Business District Tolling Program and adhere to the following parame- nually. abilities. ness District. includes a public hearing. al in a press statement. sands of comments from community members from across the region. With the green light from the federal government, we look forward to moving ahead with the implementation of this program,” Governor Hochul said. prefaced the agency’s next steps, in a statement released tot he press. Board, must adopt a tolling structure, and contractors need to set up tolling equip- bring the network to a State of Good Repair, enhance accessibility, accelerate climate resiliency and eliminate transit deserts,” Mr. Lieber said. not self-close, contact Maintenance immediately at 718-320-3300, select option 2, for an appointment to address this condition.

• Passenger vehicles will only be charged once per day for driving or remaining below 60th street.

• Implement variable tolling, which means toll rates would change based on the time or exact day.

• Taxis and for-hire-vehicles will not be tolled more than once per day. on-peak rate.

Working in tandem will continue to elevate the services provided by Riverbay Corporation, enhance the quality of life of shareholders and maintain the viability of this important stock of affordable housing for the next generation. We are “One-Riverbay Corporation” and on this journey together.

Management comprises 948 headcount (Budgeted) and clearly understands the importance of our shareholders. Simply put, if the shareholders were not here, Riverbay Corporation would not exist, and we would not be employed. We will strive to enhance the relationship between shareholders, Board Directors, and Management. We strongly believe “Respect begets Respect” and this mes“Shared Vision” framework.

The initial “Share Vision” framework (shown below on the left), was communicated with shareholders during visits to association meetings. It was recof a true partnership (shown below on the right). The updated presentation illustrates that the key stakeholders of Riverbay Corporation have a sleeve of the triangle that comprises the corporation. This demonstrates that collaboration is the essence of positive outcomes and listening and adopting changes nurtures partnerships. We are excited about the new day that is dawning at Riverbay Corporation and look forward to this important turning point for Co-op City.