taxi medallions
The curse of the New York City taxi medallion
Thirteen months ago, Mayor Michael Bloomberg took a taxi to the Bronx to declare victory in his bid to populate the outer boroughs with a new caste of cab called the borough taxi. More
(8)Quinn's Council passes a $68.5 billion budget, with discretionary money and overrides
Amid what Council Speaker Christine Quinn called “a bit of a hat trick of overrides,” the City Council last night approved a $68.5 billion budget and easily passed three bills that were vetoed by Mayor Michael Bloomberg. More
Bloomberg and Quinn conclude their budget dance with a kiss
On Monday evening, Mayor Michael Bloomberg and Council Speaker Christine Quinn unveiled a final, $68.5 billion budget for the 2013 fiscal year, one in which most disputed cuts to after-school programs, child care, libraries and firehouses had been restored. More
On the stacking of the political deck for taxi-medallion owners
In recent weeks, taxi politics have colored the 2013 mayoral primary and prompted the Bloomberg administration to warn of a $1 billion hole in next year's budget. More
Bloomberg says the potential loss of $1 billion in taxi revenue could mean a lot of layoffs
Mayor Michael Bloomberg this morning said the potential loss of $1 billion in taxi medallion revenue could mean a lot of layoffs.
"It would mean a lot fewer workers, I’ll tell you that," he said, during his regular Friday appearance on the John Gambling Show. More
Delay of mayor's borough taxi plan could increase next year's deficit to $4 billion
Today, city budget director Mark Page said that the budgetary damage from last week's court decision delaying the mayor's borough taxi plan would somehow be absorbed this fiscal year, and would inflate next year's budget deficit to $4 billion. More
