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City Hall Notebook: Value of taxicab medallions undercut by ride-sharing services

Retrieved on: 2018-04-04 05:33:45

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City Hall Notebook: Value of taxicab medallions undercut by ride-sharing services. View article details on HISWAI:

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<div>While the medallions are issued by the city, they can be sold between private parties. Because the city has capped the number of taxicab medallions at 110, they had become very hot commodities and their value rose each year. That was until Uber and <b>Lyft</b>, the ride-hailing and ride-sharing services, ...</div>

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