LIU STATEMENT ON CITY PARKING
City Comptroller John C. Liu stated the following yesterday on City parking:
"City Hall is making the right call in abandoning its plan to privatize the City's parking meters. As I pointed out when this proposal first came to light, curbside parking is a municipal treasure that is hugely profitable for the City, thanks to the good work of the employees who maintain our parking system. Outsourcing to a private corporation would've led to higher meter rates, so it's good news that New York City will retain control of its parking system."
Background:
Oped by Comptroller Liu in the New York Daily News, July 30, 2012: http://www.nydailynews.com/opinion/park-privatization-article-1.1123505
"New York Scraps Privatizing Parking Meters," Wall Street Journal, Jan. 26, 2013: http://on.wsj.com/14plCa8