⚖️ TLC Plates & FHV Lease Caps

Given FHV License Pause (a/k/a TLC Plate Cap), the Taxi & Limousine Commission must institute "lease caps" in NYC FHV market. Preexisting medallion lease caps rules should guide new regulations

The FHV License Pause (a/k/a TLC Plate Cap) is a popular topic in the NYC for-hire transportation industry. Many who have claim to their own FHV License (TLC Plate) believe they now own a taxi “medallion-like” asset. Those that do not, are upset they are beholden to leasing companies (OR other drivers who control their own FHV License).

Before we continu…