The green taxis in the outer boroughs finally have a green light. New York's highest court has okayed New York City's 5-boro taxi plan, after a year and a half of litigation by New York's powerful yellow cab industry.
As a result, New York City can move forward with its plans to create a new class of taxi service, expanding "street hails" to all five boroughs.
In a decision issued Thursday, the state's Court of Appeals reversed a previous decision by the State Supreme Court which had brought the city's plans to a screeching halt.
Under the new ruling, the city can now issue up to 18,000 'hail licenses' to livery drivers. In addition, the city will sell 2,000 new medallions for wheelchair-accessible yellow taxicabs. The city has said that auction could generate $1 billion in revenue.
The mayor's office whipped off several victorious tweets about the ruling, the most ebullient of which read "Unanimous court decision upholding Five-Boro Taxi Plan is a victory for everyone who lives in, works in or visits New York City."
The Metropolitan Taxicab Board of Trade, one of the plaintiffs in the suit, called the ruling "a crushing blow."
Read the court's ruling below.