New York City extends its cap on new Uber and Lyft vehicles
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The New York City Taxi and Limousine Commission voted Wednesday to extend its cap on the number of Uber and Lyft vehicles permitted to operate within the city. The commission also amended its rules aimed at limiting the amount of time drivers can cruise without passengers in Manhattan below 96th Street.
Last year, the New York City Council voted to halt the issuance of new for-hire vehicle licenses for 12 months. Under the cap, Uber and Lyft could still be granted licenses for wheelchair-accessible vehicles — which both companies sorely lack — but would be prevented from adding new ride-hail vehicles for one year. Today’s vote extends that cap for another 12 months, while also cutting deadheading — or the amount of time drivers spend…