Sentences with phrase «cab medallion licenses»
In addition to expanding taxi service to the city's outer boroughs, it would also add 1,500 yellow cab medallion licenses.
http://www.nystateofpolitics.com/ Not exact matches
In a statement, Cira Angeles, a spokeswoman for Livery Base Owners, Inc., one of the many livery cab associations, called the «delinking of borough licenses from yellow cab medallions is an important first step.»
The outer - borough cab fleet licenses, however, are worth far less on the open market than the horse carriage medallions.
The cab driver leases the car and route from the owner of the cab license, who buys the license from what is known as a «medallion,» which is in turn managed by a management company that typically is responsible for several medallions.