NEW YORK (CBSNewYork) -- Time's up for parking meters in New York City.

WCBS 880's Alex Silverman With The Story

Department of Transportation workers removed the last single space parking meter in Manhattan today -- 60 years after the city's first meter was installed in Harlem.

It's part of the process to convert the entire city to the Muni-Meter system.

A DOT spokesman says the new meters are better because they take credit cards and require less maintenance.

All remaining single-space meters outside of Manhattan will be replaced with muni-meters by the end of next year.

A few of the old poles will be converted to bike racks.

The city will also be launching a Request for Proposals to sell decommissioned single-space meters as memorabilia.

Is the Muni-Meter system more effective? Tell us what you think below...