A deep-pocketed taxi kingpin who raised more than $50,000 for Mayor de Blasio’s campaign brokered the ceasefire between City Hall and the head of the NYPD sergeants union — with an assist from the New York Knicks.
Evgeny (Gene) Freidman hosted the mayor and NYPD Sergeants Benevolent Association President Ed Mullins at his ritzy Upper East Side home on Jan. 10, less than a month after the labor leader branded Hizzoner a “total nincompoop,” sources told the Daily News.
Freidman, who is close with both the mayor and Mullins, arranged the meeting between the two foes along with Ronn Torossian, the CEO of the bi-coastal public relations firm 5WPR.
All four men attended the over three-hour long Saturday afternoon meeting, sources said.
While Uber and Lyft will be charging more than usual in New York City on Monday evening during the blizzard, some New Yorkers have been offered free yellow cab rides.
The Greater New York Taxi Association (GNYTA), an organization of medallion owners, will not be charging emergency responders, the elderly and the disabled.
“We are offering free taxi service for any emergency responder unable to get to work due to a possible snowstorm, as well as stranded disabled and elderly people during and in the aftermath of this storm. We offer our best efforts to help our fellow New Yorkers in this time of need,” Ronn Torossian, a spokesman for the GNYTA, told Newsweek.
The entrance of Uber into the ridesharing market disrupted more than just the taxi cab industry, it has shaken the financial ecosystem that was supported by those who owned and loaned money for the once-coveted taxi medallion business. It’s a trend seen over and over again in the platform businesses: new players enter and destabilize one side of the platform, which creates the beginnings of the death spiral from which some never recover.
The hit to the prices of taxi medallions during the past year alone shows the true impact of what happens when a free-enterprise system joins an industry that operates in a highly-regulated, unionized industry. Most major cities require a medallion license to operate a taxi or taxi company. Because the supply of medallions was low, the demand for those medallions caused prices to surge for decades. City regulators also cast a shadow on the industry by allowing prices to rise beyond their value for years. But thanks to the “Uber-effect” these past two years paint a different picture for the taxi industry.
According to The New York Times’ data, the price of individual taxi medallions in New York City dropped 23 percent in 2014 from $1.05 million to $805,000. Corporate medallions for companies traded at an average of $950,000, a 28-percent decrease from their peak. In Chicago and Boston the medallion story is worse for owners of the licenses looking to sell. Chicago hasn’t had a medallion sale since November, and when one did sell, it sold for $298,000 — 17 percent below the city’s peak price.
Thousands of snippets of data have been gathered to provide a detailed look at one of New York City’s most iconic sights – the yellow cab.
An info-graphic by Vizual-statistix this week has revealed that the most common first name in 2014 among the 52,131 authorized drivers (those behind the wheel of both yellow cabs and limousines) is Mohammad – and alternate spellings MD, Mohammed, Muhammad, and Mohamed. The next most common names were Jean and Abdul.
The most common surname is Singh followed by Rahman and Islam, according to the wealth of information available for public use through the project NYC Open Data.
According to city statistics, New York cab drivers are the epitome of diversity. Cabbies come from all of the Big Apple’s five boroughs; 31 states (and D.C). and more than 175 countries around the world. Continue reading
The damaged taxi after an angry cabby rammed it into a police cruiser six times.
A cabby rammed his yellow taxi into an NYPD cruiser six times after being pulled over in Midtown Manhattan Monday evening, cops said.
Jean Dalusma, 32, became unhinged when he was pulled over for an unknown reason at East 45th Street and Madison Avenue at around 5:19 p.m., cops said.
After repeatedly smashing into the police car, Dalusma sped off and smashed into another yellow cab just blocks away, at East 45th Street and Vanderbilt Avenue.
Police apprehended the wacky hack at the location of the second incident.
Kristine Rakowsky and her son now hail more traditional taxicabs after Uber lost its luster.
The new app drew complaints about high prices and the bad behavior of drivers, and it’s been banned in some countries.
The renegade taxi service has been a worldwide punching bag all year — thanks to prices that become astronomical during peak times, a company official who suggested investigating reporters, drivers who have sexually harassed and allegedly raped customers, and claims of bizarre routes meant to jack up prices — and more and more New Yorkers are hitting delete.
“They made an app that works very well, but the human beings behind it are not acting with integrity,” said Jennifer Dziura, a 36-year-old Brooklynite who used Uber frequently last year while pregnant. “I stopped using it when I read about (drivers) assaulting and insulting female passengers.”