FAST FIVE: NYC Mayor Planning To Make Cap On New Uber, Lyft Drivers Permanent
The number of for-hire vehicles on city streets ballooned in the months leading up to the imposition of the cap in August, with the city registering 2,000 new vehicles per month.
After the city passed its cap, the state passed congestion pricing rules and the city's Taxi and Limousine Commission passed new minimum wage requirements for drivers.
The plan is close to passing the state legislature.
“Not only is the Mayor's policy hurting app drivers by forcing them to pay exorbitant fees to rent a car, but he has proposed nothing to fix the current medallion system that only benefits lenders and taxi insiders.” De Blasio, in his draft announcement, called his plans a victory for workers.
Uber is currently suing the city over the driver cap.