Sunday, October 2, 2016

"Summit, New Jersey, a bedroom community to New York City, will begin subsidizing Uber rides for residents traveling to and from the local train station starting Monday"

a move the town initiated to avoid building a new parking lot, a multimillion dollar effort. For Uber, the partnership is another step in a series of strategic moves to extend its reach to the suburbs.


Priced at $2 each way, the rides would cost commuters the same as an all-day parking permit. The deal would reduce demand for Summit’s hard-to-come-by parking spaces and create a steady pool of demand for Uber.