Taxis could double in number if City Council bill is passed

Taxis could double in number if City Council bill is passed

(Credit: AFP / Getty Images)

Councilman Ydanis Rodriguez proposed a bill that would allow taxi medallions to cover not one but two vehicles. The number of taxis on city streets could double under a new City Council bill introduced Tuesday that attempts to level the playing field between warring cab and e-hail industries.

The bill would allow taxi medallion owners to add a second vehicle under one medallion. Manhattan Councilman Ydanis Rodriguez, the bill’s sponsor, said this would provide an additional stream of revenue for the medallion owner, making the medallion itself a more attractive investment.If e-hail companies like […]

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