NYC votes to stop Uber's unchecked growth, give drivers a minimum wage

New York City caps Uber and Lyft vehicles — a first-in-the-nation move

Cars in Manhattan including a yellow taxi make their way around a ride-hailing vehicle picking up passengers

The insider was unsure of the exact nature of these last-minute amendments, but another source suggested that a final draft of the bill might allow now licensed Uber and Lyft cars to be rented to other drivers, possibly creating yellow-taxi-style fleets of ride-hail cars.

New York City is reining in the growth of Uber, Lyft and other app-based ride services with a temporary cap on new cars picking up fares.

The first such cap by any major US city was part of a package of measures that also includes setting a minimum wage for drivers.

But Uber spokeswoman Alix Anfang said the pause on new vehicle licenses 'will threaten one of the few reliable transportation options while doing nothing to fix the subways or ease congestion'.

App-based ride services account for 80,000 vehicles in New York City, and provide 17 million rides per month, according to a study by The New School for the TLC.

The one-year cap - which won't apply to wheelchair accessible vehicles or in certain underserved areas deemed not to be affected by congestion - is meant to make way for a study on longer term regulations and standards for the industry. But the lawmaker still thought the 12-month moratorium on new Taxi and Limousine Commission-licensed cars working for "high-volume for-hire services" would cruise through. The new rules will take effect as soon as Mayor Bill de Blasio, who supported the bills, signs them into law. "We will never stop working to ensure New Yorkers have access to reliable and affordable transportation in every borough".

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This comes in the wake of reports that the rise of ridesharing services has depressed the price of taxi medallions and sharply cut into driver earnings.

The New York Taxi Workers Alliance, which has pushed hard for the freeze, hailed the city council. London threatened not to renew Uber's license to operate in the city, but relented after Uber agreed to share anonymous trip data with city planners, limit its operating hours, and make other changes.

"The unchecked growth of app-based for-hire vehicle companies has demanded action", he added, "and now we have it". "And this victory belongs to New Yorkers and our allies who have stood with us to say, not one more death, not one more fallen driver crushed by poverty and despair".

'Uber as you know it is going to be Uber as you know it, ' Cumbo said.

Drivers previously pushed for a cap on new competition in 2015, but were beaten back by ride-hailing companies.

Debt and financial hardship have been blamed for the deaths of six taxi and car-service drivers in the past year. By passing the proposal, NY becomes the first city in the country to impose these limitations. People of color and immigrants predominate among yellow cab drivers.

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