New York City taxi fares rising for first time in a decade
CBSN
Taxi rides are about to get a lot pricier in New York City.
The city's Taxi and Limousine Commission on Tuesday voted to hike metered fares by 23%, marking the first such increase in a decade. Passengers are also looking at paying more in rush hour and overnight surcharges, along with higher airport flat rates, according to the TLC, the agency that licenses and regulates New York City's tax cabs and other for-hire vehicles.
Base fares for yellow and green taxis are going up to $3 from $2.50, with unit rates rising to 70 cents from 50, according to documents detailing the approved proposal. Rush-hour trip and overnight fees are going to $2.50 and a buck, respectively. Hailing a cab to LaGuardia Airport will cost an additional $5 and flat fares to Kennedy Airport will be $70, up from $52.
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