The increased speeds are excellent for those who can afford the toll. This is a universal benefit of toll roads for those people.
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Car infrastructure takes up a huge amount of space and is incredibly hostile to any kind of mixed use. Having near-zero cars means there is suddenly space available for an order of magnitude more pedestrians. It's why reducing car traffic almost always results in a significant increase in revenue for local shops and restaurants - which means more taxes are being paid.
Converting all of NYC into a huge pedestrian-only zone obviously isn't going to work, but having a few pedestrianized superblocks could greatly improve the quality-of-life.
The dreamer in me immediately asks “why not?” and while I agree it will never happen, it felt good to imagine it.