It's the end of an era: New York City's iconic yellow cabs are now outnumbered by Ubers. NYC's Taxi and Limousine Commission says the city hosts 14,088 Ubers and just 13,587 yellow taxis.
Many cities have seen conflict between cabdrivers and the app-based startup in recent years, as Uber's lower prices, higher pay for drivers, and avoidance of expensive medallion fees have undercut traditional taxi business. A New York taxi medallion, which functions as a license to drive a cab, currently sells for about $800,000, down from a high of over $1 million in cabbies' pre-Uber glory days.
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