To operate a cab in New York, you need a medallion.
"Operating a cab is much more expensive now, with gas prices so high," he said.
The medallion is not just a license to operate a cab and a franchise worth hundreds of thousands of dollars but also a tin plate that is bolted onto a cab's hood.
Also, Chicago taxi drivers are prohibited by city and state law from using cellular telephones or other electronic devices, whether or not hands-free, while operating a cab and Uber requires drivers to use an iPhone and then call the customer using a cell phone to arrange the pickup.
Chicago's system revolves around the "medallion," a permit issued by the city that a driver must own or lease to operate a cab.
Other characters who appear in the movie include an unemployed dockworker who operates a gypsy cab, a young North African immigrant recently sprung from prison, and Michèle's former boyfriend, a left-wing bartender with connections to the underworld who also secretly nurses an assassin's rage.
The proof of that feat has been the taxi medallion, which grants the right to operate a yellow cab.
10 35 p.m. | Updated Two New York taxi medallions — aluminum plates that grant the right to operate a yellow cab — changed hands this week for $1 million apiece, the highest recorded sale since the city's modern livery system began.
Operating a yellow cab in New York City?
I called him after learning about the stunningly low price that someone had paid to buy a medallion to operate a yellow cab in the city: two hundred thousand dollars.
And at last week's corporate medallion auction, in which taxi fleets vied for the aluminum shields that bestow the right to operate a yellow cab in New York City, prices set records, climbing to more than $700,000 for a pair.
