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Just How Do Livery Cabs Make Money?

Thursday, May 05, 2011

NYC Livery Cab (Photo: Ilya Marritz/WNYC)

(New York, NY -- Ilya Marritz, WNYC) It's a quirky New York phenomenon -- there's the yellow cab world, which (unlike many cities around the world) can be hailed on the street most places in Manhattan and in small pockets of the outer boroughs, like Brooklyn Heights, a tony neighborhood just across the Brooklyn Bridge.

But then there's the world of livery cabs -- on call services, patronized by many New Yorkers who are too poor (or can't be bothered) to own a car.  New York has the lowest car ownership rates of any large city in the country.

And livery cabs tend to be run by groups of aspiring immigrants, many of them from South or Central America.

But when it comes to catching a cab, New Yorkers living outside of Manhattan often have a tough time. This year, New York Mayor  City Bloomberg proposed to allow car services, also known as liveries, to make curbside pickups. But there’s a catch – they’d have to install meters.

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