New Yorkers will soon see a significant increase in their yellow taxi fares for the first time in a decade. The Taxi and Limousine Commission voted on Tuesday to raise the price of a cab drive by 23 percent. The rate will also impact the ride share companies and Lyft, who will increase their charge per-mile and minute. The commission also voted to up the cost of airport rates, overnight rides and travel during rush hour. The move will contribute to the increased pay of drivers.
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