Shared mobility in NYC: easing congestion, or part of the problem?

New York City’s distinctive yellow cab is being crowded out of the market. Once an iconic symbol of the never-sleeping metropolis, they are now outnumbered by the 100,000-strong fleet of ride-hailing and ride-sharing vehicles on NYC’s streets. Cab drivers struggled to weather the sudden surge in competition, and the city’s Taxi and Limousine Commission (TLC) raced to regulate. But New Yorkers themselves have adopted the services with gusto.