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News
Car Ownership in NYC Dropping
by Amy Eddings
NEW YORK, NY February 14, 2005 —File this in the Common Sense folder -- it costs a lot to own a car in New York city.....But those costs have risen as much as 15 percent since 2001, and Crains New York Business reports many car owners in the city are throwing in the towel...and selling their cars. Greg David, editor of Crains New York Business, joins us to discuss this trend. Good afternoon!