The oft-discussed prospect of installing a once-daily toll system in one of New York City’s most heavily trafficked areas has moved one step closer to reality, though a number of granular details still need to be fleshed out.

In late March, President Joe Biden’s administration announced it is giving New York state and municipal authorities the green light to proceed in the information gathering process for a congestion pricing system – which, if implemented, would be the first of its kind in the U.S.