From the article:
The bill, put forth by Councilmember Ydanis Rodriguez (D-Washington Heights), calls for the city to implement residential parking zones in areas across the city, including posted times of day and days of the week the system is in effect.A permit system would eliminate free parking for visitors to and workers at the Barclays Center, who compete with local residents for limited space, and would force at least some to pay for parking elsewhere and/or take public transit.
Furthermore, up to 80 percent of parking spaces in a given permit area must be reserved for paying permit holders, with the remaining spaces available for non-residents for up to 90 minutes.
(In 2012, to criticism, the city Department of Transportation concluded that residential permit parking, or RPP, wasn't needed. The record suggests that, for Nets basketball games, relatively few people drive, but far drive--either to park or drop-off--to concerts and special events.)
Streetsblog cautioned, however, in Parking Permits Won’t Solve New York’s Parking Crunch If They’re Dirt Cheap:
Their proposals are light on details, which would mainly be left to DOT to determine, but one thing is clear: The motivation for the bills is mostly about appeasing complaints from car owners who feel that out-of-city residents are infringing on their turf. Rationalizing New York’s free parking giveaway isn’t the point.The article suggests that annual fees of $12 to $20 a month represent "pocket change" and noted that, unlike a 2008 proposal that failed in Albany, these new plans must address complications, such as contractors working in residential neighborhoods.
The best that can be said for RPP with low permit fees is that it might cut down on insurance fraud by compelling NYC residents to register their cars in New York, instead of cheating the system by registering in lower-cost states like Pennsylvania and North Carolina.