Coinless Parking Meters

Even more annoying than trying to find parking on street parking in NYC is the outdated system of relying on coin operated meters that require having quarters ready to go. The current system is inconvenient for drivers since it does not allow the use of cash or credit cards and because the price of a parking spot is so cheap on the street that many people will stay in them for long periods of long as they have quarters.

A new parking meter system is being installed in the Theater District which will allow drivers to use credit cards to pay a greater charge for the priviledge of parking on the street.

The effort is being tested on 200 Muni-Meters in a segment of Midtown bounded by West 56th Street, Fifth Avenue, West 43rd Street and Broadway. The affected spaces are restricted to commercial vehicles during the day and are used by passenger cars at night.

The rate will remain $2 for the first hour, $5 for the second hour and $9 for the third hour, with a three-hour limit, from 7 a.m. to 6 p.m. on weekdays. On weekday evenings until midnight, and from 8 a.m. to midnight on Saturday, the rate is $2 an hour, with a six-hour limit. Parking is free after midnight and on Sundays.

This is sane city planning - Incentivizing more turnover of parking spaces is good, but even better is that delivery trucks don't have to double park to make deliveries during the day. Also, once you start using credit cards for payment, there is unlimited flexibility in setting variable rates for different times of day and lengths of stay. We should have these types of meters on every block in the city, even those that currently don't have meters.

Who's gonna pay the higher rates?  Won't drivers just move their commercial vehicles around every hour so they can pay less?