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PostPosted: Thu Jun 30, 2011 7:15 am 
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Introduction to this article by Brummie Cabbie

• New York’s Taxi Medallion value to be annihilated within months
• New York’s livery cabs are the UK’s equivalent of Private Hire Cars
• Mayor Bloomberg’s plan will allow livery cabs to legally accept street hails in New York, with the exception of Lower Manhattan
• New York is made up of five boroughs; Manhattan, Brooklyn, Queens, The Bronx and Staten Island.
• Mayor Bloomberg’s plan will allow livery cabs to legally accept street hails in four and a half of these boroughs
• How will the authorities enforce livery cabs illegally picking up street hails in Lower Manhattan, or will they even bother to enforce?
• With about $5bn still outstanding on medallion loans, how many of these loans will go into default?


Here is the article;

Taxis livid about expansion of street hail rights

Wednesday, June 29, 2011 4:36 PM EDT

Starting in January, livery drivers will be allowed to legally accept street hails in the outer boroughs and upper Manhattan after Mayor Bloomberg’s plan to improve taxi service and create approximately $1 billion in new tax revenue for the city was passed by the Assembly and the Senate. But not everyone is singing the Mayor’s praises.

On Tuesday, June 14, yellow cabs from New York City surrounded the state capital in a consolidated effort to rally against the legislation that they say would devalue their taxi medallions; some of which have been passed down for generations at a time. The bill authorizes 1,500 more cab medallions and allows as many as 30,000 hail privilege permits to for-hire vehicles at a cost of $1,500 each for three years. David Pollack from the Coalition for Taxi Equality and Justice says that it comes down to simple economics.

“Nobody will pay $680,000 for a medallion when you’re selling the same street hail rights for $1,500 a piece. It’s just not happening,” said Pollack. “If you flood the market with free permits to pick up passengers, then no one will buy that right for hundreds of thousands of dollars. The only way to raise the revenue necessary to avert the Mayor’s doomsday budget is by taking street hail permits out of the equation and just auctioning medallions.”

As reported by WNYC – there are approximately $5 billion in outstanding loans on medallions according to Richard Kay of the League of Mutual Taxi Owners (LOMTO). There are currently about 3,000 owner-drivers out of more than 49,000 licensed drivers operating yellow medallion cabs.

The bill would rely on a permit system that does not have to be approved by the City Council who has historically gone-to-bat for the strong Taxi industry in the past. Bloomberg’s decision to circumvent the council demonstrated that while the taxi industry has pull in the city, their voice did not reach Albany.

“They need to work out the kinks,” said Eileen Kelly of Kelly’s Car Service in Bayside, who said that picking up illegal street hails was never a part of their business model. “Do they really want an additional 30,000 drivers in the street? From what I understand, it would be our option if we didn’t want to pick up street hails, but if we didn’t participate, it would affect our business. We’ll have to wait and see how these changes will affect us.”

The bill now reaches the desk of Governor Andrew Cuomo who has not released any comment about the issue of ending exclusive hail rights to just yellow cabs. If he does not veto the legislation, lawsuits are expected to be filed.

“Unfortunately, residents living in many parts of the city are finding it very difficult to find taxis these days,” said Assembly member Francisco Moya. "This bill would change that and allow the residents in these underserved areas greater access to taxicab service in and around New York City. Living in or traveling to New York City would be more affordable, sustainable and enjoyable for all."

Source; http://www.queenscourier.com/articles/2 ... 973246.txt

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PostPosted: Thu Jun 30, 2011 7:28 am 
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More on this story:

New livery cab law in outer boroughs finally makes New Yorkers out of 'bridge people'

Wednesday, June 29th 2011, 4:00 AM

Image
Hailing livery cabs from the street finally treats residents of
Upper Manhattan and the outer boroughs like New Yorkers


The so-called "bridge people" - New Yorkers who, like me, live in the outer boroughs and upper Manhattan - have high hopes of finally feeling a little less like second-class citizens.

That's because for the first time we will be able to legally hail a livery cab.

But only if Gov. Cuomo signs into law a bill that, after months of debate, was approved by the Legislature last week legalizing street hails for livery cabs. Cuomo hasn't taken a position on this issue yet.

"I applaud the New York State Legislature for passing this bill," said Councilman Ydanis Rodríguez (D-upper Manhattan).

"This is a win-win situation as people who have the financial resources to buy a [yellow cab] medallion will be able to do so, and our working-class livery taxi drivers, who have provided much needed services to this city for decades, will now for the first time in history be allowed to legally respond to street hails."

As the law now stands, only yellow cabs are authorized to pick up passengers on the street, because allowing livery cabs to do the same would, supposedly, take business away from yellow cabs.

To get a livery cab, you have to call the livery company (or base), then a dispatcher contacts a driver, who then picks you up. Imagine Manhattanites doing all this to get a cab.

The way things work right now for the people who live outside of Manhattan and north of 125th St. doesn't make much sense. After all, yellow cabs have been an extinct species in those areas for as long as anybody can remember.

"Liveries are not taking any business from yellow cabs," said waitress Rocío García, while at the Junction Blvd. subway station on the No. 7 line in Queens. "I don't even remember seeing a yellow cab around here for a long time."

The bill would create up to 30,000 new "Hail Privilege Vehicle Permits," which would allow livery cabs to legally pick up street hails in upper Manhattan and the outer boroughs.

The permits would cost $1,500 each, making them affordable for livery drivers who typically earn between $500 and $700 a week, Rodríguez said.

The bill also allows the Taxi and Limousine Commission to sell up to 1,500 new yellow cab medallions valued at nearly $700,000.

If the bill becomes law, livery cabs will be able to pick up street hails beginning in January. Mayor Bloomberg, who introduced the measure two weekends ago, seems to have no doubt it will happen.

"Starting next year, transportation options for New Yorkers who live in the Bronx, Brooklyn, Queens, Staten Island and upper Manhattan will improve dramatically," Bloomberg said .

"This should have happened years ago," said Maria Mondragon, a Romanian immigrant who said she has lived in Astoria, Queens, for 15 years.

"Because we don't live in Manhattan we are punished by the yellow taxis? It's not fair," she said.

Don't tell that to the yellow taxi industry, who did its best to derail the bill, although as residents of the outer boroughs and upper Manhattan keep telling everybody, it's easier to see snow in August than a yellow cab in those parts.

Despite the yellow cab industry objections, something is undeniable: We, the "bridge people," are already feeling a little more like real New Yorkers.

Imagine, we are about to be able to legally do what we have been doing for years anyway: hail a cab!

Source; http://www.nydailynews.com/ny_local/bro ... oughs.html

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PostPosted: Thu Jun 30, 2011 7:29 am 
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Knowing how Yanksville works and the power of the multi-medallion owners, I just wonder if Mayor Bloomberg has tightened his personal security arrnagements!!

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PostPosted: Thu Jun 30, 2011 10:41 am 
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You could be right Brum, when the Yanks sneeze the rest of the world get there germs


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PostPosted: Thu Jun 30, 2011 11:04 am 
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Brummie Cabbie wrote:
Knowing how Yanksville works and the power of the multi-medallion owners, I just wonder if Mayor Bloomberg has tightened his personal security arrnagements!!


I was thinking exactly the same before I read your comment..........no point in making funeral arrangements............the fishes will sort that out.

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