City approves increase in cab fares, first raise for taxi drivers in a decade

TOD_8174-scaled-1-1200×797-1

The Taxi and Limousine Commission voted on Tuesday to approve an increase in taxicab fares, the first raise for the city’s cabbies in a decade.

Base fares for yellow and green cabs will increase from $2.50 to $3, with unit rates increasing from 50 to 70 cents. Rush hour and overnight surcharges will go to $2.50 and $1, respectively. Flat fares to Kennedy Airport will increase from $52 to $70, while LaGuardia runs will add a $5 surcharge.