All About Fifth has learned that, after hearing community and merchant feedback at the public meeting on September 9th, the New York City Department of Transportation has decided not to raise parking meter rates along Fifth Avenue.
Fifth Avenue is part of a pilot program called Park Smart, which raised meter rates along Fifth and Seventh avenues to help improve parking space availability. Merchants were concerned that another rate increase would scare away customers during this difficult recession.
According to the Park Slope Courier, no decision has been made about the rates on Seventh Avenue yet.
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