Whatever monetary savings drivers get from free street parking, they pay for it with their time: A 2017 study found that New York’s drivers spend 107 hours a year searching for a spot, the most of the 10 cities it analyzed. “You are causing more congestion, you are adding to the emissions, you’re taking up valuable space in a city that doesn’t have a lot of space, and that needs to be priced,” she says. While about 85,000 of the city’s parking spots in commercial areas require drivers to feed the meter, a much larger number-about 97 percent of the city’s on-street parking spaces, experts say -are free, a fact that Jemilah Magnusson, communications director at the Institute for Transportation & Development Policy, calls “fairly ridiculous” considering the cost of land and availability of other transit options in New York.
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