New York City has decided to roll back a proposed regulation that would have required NYC Taxi and rideshare drivers to be insured by a “solvent and responsible” provider. The shift comes after Uber Technologies Inc. warned that the mandate could leave thousands of drivers without coverage. The Taxi and …
Category Archives: Blog
NYC Taxi Drivers Demand Right to Lock Doors After Passe...
Following the brutal killing of a passenger in a livery cab on Coney Island, NYC taxi drivers are demanding the right to lock their doors to protect themselves and their riders. Michael Shelonchik, 53, was violently pulled from the back of a livery cab and beaten to death on Tuesday after two …
Man’s ashes left in taxi for 2 days; family grateful ...
The Taxi and Limousine Commission recorded over 2,500 cellphones, wallets, purses and other items were accidentally left in taxi cabs last year alone. However, one thing that virtually never makes the list of items left behind is the ashes of a deceased person. Family members and friends of a beloved …
Gene Freidman, ‘Taxi King’ Who Upended His Industry...
He bid up the price of medallions and borrowed against them. When their value plummeted, immigrant cabbies were left deep in debt. Gene Freidman, a cabdriver’s son who schemed his way to become the nation’s biggest taxi mogul and came to personify both the inflated ascent of the industry in …
The Medallion Crisis Is So Bad That Taxi Drivers Are on...
In 2006, when Richard Chow bought his taxi medallion from the city for $410,000, it seemed like a great idea. The value of medallions was rising steadily, and the Taxi and Limousine Commission was touting them as good long-term investments, so he took out a $358,200 loan. Then came the disruption — Uber, …
Taxi riders coming back, even as e-hail prices soar
Restrictions are lifting, and so, too, are taxi and e-hail app trips. That’s more passengers for yellow taxi driver Md Azad. “Before, we make $100, $200. Now, we can make more than $200 every day. That means, it’s good business and so busy,” Azad said.
New York Attorney General Accuses N.Y.C. of Fraud Over ...
New York State’s attorney general has accused New York City of committing fraud by significantly inflating the value of yellow taxi medallions and demanded $810 million from the city to compensate the thousands of cabdrivers who are now saddled with debt. The city’s Taxi and Limousine Commission marketed the medallions …
New York City’s safest cabdrivers join TLC’...
Patience is not lost on Ali Abubakar among the hustle of a New York rush hour. A yellow-cab driver from the South Bronx, Abubakar, 43, was one of 493 professional drivers the city honored Wednesday for their sterling driving record. Abubakar completed 10,830 trips between 2016 and 2018 without a …
Cab driver blamed politicians for his financial ruin be...
A 61-year-old livery driver posted on Facebook early Monday that city and state politicians were to blame for his financial ruin — then pulled up to the gates of City Hall and shot himself dead with a shotgun, authorities said. The driver, identified by sources as Douglas Schifter, blamed Mayor …
Cab Driver From NYC Busted With Nearly $1 Million in Me...
A cab driver from New York City was busted with $800,000 worth of methamphetamine in his vehicle after he was stopped in New Jersey, prosecutors alleged Monday. Gerardo Camilo-Nolasco, a 42-year-old cabbie from the Bronx, was pulled over in Fort Lee — a stop stemming from a narcotics probe run …
Taxi King arrested for scamming the state for millions
Notorious “Taxi King” Gene Freidman was arrested at his Manhattan home on charges he ripped off the state for millions of dollars in taxi surcharges, authorities said Wednesday. Freidman, who has been subject to a slew of criminal charges, civil suits, and professional penalties over the past two years, has …
TLC fines Trump-touting cab drivers for rants targeting...
Some pro-Trump cabbies are driving New Yorkers crazy. At least four taxi drivers have each been fined hundreds of dollars by the city for praising President Trump — and, in some cases, making offensive comments to passengers, the Daily News has learned. One political hack was hit with a $1,100 …
Taxi King no longer allowed to manage hundreds of medal...
“Taxi king” Gene Freidman is now the court jester of the cab industry. Freidman will no longer be allowed to manage the more than 800 medallions he’s controlled for the past several years, the Taxi and Limousine Commission ruled this week. “We have notified all the medallions that were in …