New York taxi drivers to get first raise in 10 years, riders will pay 23% more

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New York taxi drivers to get first raise in 10 years, riders will pay 23% more
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New York City taxi drivers will see their wages increase as the cost of a taxi goes up for the first time in 10 years. Drivers for app-based vehicles and black cars will also see their per minute and per mile rates go up.

Make your contribution now and help Gothamist thrive in 2022.New York City taxi drivers will see their wages increase as the cost of a taxi goes up for theThe Taxi and Limousine Commission on Tuesday approved a set of fare hikes for yellow taxis, which will increase the average cost of a ride by an estimated 23%., yellow taxi riders will see the base fare go from $2.50 to $3.00. The surcharge for rush hour trips will increase by $1.

This graphic, from the Taxi and Limousine Commission, shows how taxi fares will increase by the end of the year..The TLC said the higher fares will increase driver pay by 33%, a boon for cabbies who have struggled with competition from app-based companies and the pandemic’s impact on travel around the city. Roughly 6,300 — or 47% — of the city’s 13,500 yellow taxis were off the streets as of July, according to city data.

“It’s going to help us at least get a couple more dollars in our pocket, so this is really a good thing,” taxi driver Saibou Sidibe, who’s been a yellow cab driver since 2002, said after the vote. Richard Chow, who has been a medallion owner and taxi driver for 17 years, was also at the vote. His brother Kenny took his own lifeTaxi and Limousine Commissioner David Do was greeted by Chow and other drivers, and posed for a picture with the drivers after the fare hike was unanimously approved by the agency’s board.

“Raising taxi fare rates and minimum pay for high-volume drivers is the right thing to do for our city,” Do wrote in a statement. “This is the first taxi fare increase in 10 years, and these raises will help offset increased operating expenses and the cost of living for TLC-licensed drivers. We are confident that today’s unanimous commission vote will keep our taxi and FHV fleets sustainable and ready to serve New Yorkers.

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