NYC extends cap on new ride-hail licenses

NEW YORK (AP) — New York City is extending a cap on most new licenses for Uber, Lyft and other for-hire vehicles.

The city is also creating a limit on how much time drivers can cruise in Manhattan’s busiest areas without a passenger.

Mayor Bill de Blasio announced the new regulations Wednesday.

The city had instituted a one-year ban on most new licenses last year. That ban was set to expire in August but will now continue. It doesn’t include wheelchair-accessible vehicles or all-electric vehicles.

The city’s Taxi and Limousine Commission will also institute a cap on how long app-based drivers can drive around Manhattan’s core without passengers.

Uber, which had filed suit over the initial cap, and Lyft opposed the new cap extension, saying it would harm riders and drivers.

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