New York puts cap on ride-hailing vehiclesStaff Writer |
Empire State Law suspends issuance of new car licenses to ride-sharing firms for one year
New York Mayor Bill de Blasio signed legislation that halts the granting of new vehicle licenses to ride-sharing companies like Uber and Lyft for one year.
"The City is sending a clear message: we’re putting hardworking New Yorkers ahead of corporations," de Blasio said in a statement.
"We are taking immediate action for the benefit of more than 100,000 hardworking New Yorkers who deserve a fair wage, and halting the flood of new cars grinding our streets to a halt," he added.
The New York City Council voted last week in favor of putting a cap on the number of vehicles that provide services through apps, hoping it would alleviate traffic congestion and help yellow cab drivers who have seen a decline in their incomes.
While there are approximately 14,000 yellow cabs in New York City, more than 80,000 people drive for ride-hailing services like Uber and Lyft.
Those who oppose the legislation argue that putting a cap on ride-hailing firms will hurt customers - especially those outside Manhattan, where yellow cab companies provide less service. ■
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