Image courtesy of the offices of Mayor Michael Bloomberg

The hotly-debated plan to sell 18,000 permits for cabs and 2,000 new medallions for wheelchair-accessible cabs to service the five boroughs has crashed.

Last Friday, a judge rejected the Taxi and Limousine Commission’s “Five Borough Taxi Plan,” which would have allowed livery cabs to pick up street hails in upper Manhattan and the outer boroughs.

The Granny Smith-colored cabs were the apple of Mayor Bloomberg’s eye. They were set to bring in a much-needed $635 million, although other sources have listed the revenue as high as $1 billion, for this year’s budget.

“The reality is we now have a $635 million hole in our budget because we lose projected revenue from the sale of taxi medallions,” said Manhattan Borough President Scott Stringer. “More importantly, New Yorkers beyond Manhattan, the people who live in our boroughs, are going to be treated like second-class citizens.”

The plan would have opened up cab service to all five boroughs for the first time ever. However, State Supreme Court Judge Arthur Engoron said the city violated the state constitution by circumventing the City Council and getting Albany to approve the taxi plan instead of its own legislature.

The medallion-holding yellow cab drivers are thrilled the judge ruled in their favor.

“We applaud the judge’s decision and we believe we are going to find a solution but not a solution that hurts two industries, that divides two industries,” said Fernando Mateo of the New York State Federation of Taxi Drivers.

City Hall plans to appeal the decision.

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  • http://twitter.com/nicktherat Nick the Rat

    is it evil that i laugh whenever bloomy doesnt get his way? 

    • guest

      It’s not just evil, it’s dumb and the reason why there’s no longer any legitimate discourse on policy in the United States. People are conditioned to hate the person, rather than the individual policies and fail to see the merits of ideas simply because they were introduced by someone else. Hate the plan, not the man/woman.

      • guest

         Bloomberg doesn’t like people unless they are rich. Otherwise as he once told a reporter who dared question him about overturning term limits, “you’re a disgrace”

        • nolastname

          Yes he did say that and i was surprised how fast the press let it alone.

      • nolastname

        I hate the man behind the plan. Bloomshit, Bloominass, Jerkoff. Same person easy to hate. Him and his plans would make me very happy if they rode out on the same horse they rode in on.

      • http://twitter.com/nicktherat Nick the Rat

        They guy bought another term. thats enough of a legit reason to hate this guy. I hope he expires soon

  • Kool4Coney

    I don’t like Bloomberg but am sad to hear that this fell through. especially the 2000 medallions for handicap accessible cabs

    • NeckRoadWarrior

      Indeed. I now wonder……will those new MV vehicles revert to the yellow fleet, Access-A-Ride, or just be cancelled?