Press Release August 28, 2017
FOR IMMEDIATE RELEASE
Yellow Taxi Drivers Can Now Lease on Commission:
The TLC’s Fair Share Pilot Announces First Participant
Yellow taxi drivers that lease cabs participating in the New York City Taxi
and Limousine Commission’s (TLC) Fair Share Pilot can now work on
commission, rather than beginning a shift by paying a full lease payment.
New York City Taxi Group is the first garage to join TLC’s pilot and offer this
popular leasing arrangement, and is doing so using the latest
technology. The app Lacus Driver lets drivers lease on commission, check
their earnings, find an available taxi, and get on the road in a tap.
“Yellow taxi drivers now have more options, they don’t have to start their day
‘in the hole.’ Drivers will pay for the lease as they earn instead of regardless
of whether or not they earn,” said TLC Commissioner and Chair Meera
Joshi. “And we are very excited that an innovative garage is providing this
opportunity for yellow taxi drivers.”
New York City Taxi Group, a Brooklyn-based fleet that manages over 260
medallions, has begun to offer fair share commission leases to drivers. The
maximum commission charged is 35%. Through the app, drivers receive
the following benefits:
• Keyless entry allows drivers to locate and lease a car by
phone without having to travel to a garage. When drivers finish
their shift, they can simply park the car where they are, or near
• Drivers choose the hours they want to work.
• Drivers can monitor their earnings and have them deposited
directly onto their personal accounts.
Through the Fair Share Pilot, driver Aziz Nizomov leases a taxicab on commission and no
longer needs to worry about paying a lease at the beginning of his shift.
Allan J. Fromberg
33 Beaver Street
New York, NY 10004
“Our mission is to change the way taxi drivers and fleet operators work, by
technologically systemizing their daily activities and giving more freedom to
drivers,” said New York City Taxi Group owner Aleksey Medvedovskiy. “We
believe the flexible pricing pilot (35%) can play a significant role in providing
an option of choosing their own work schedule and controlling their
Aziz Nizomov, 26, is a taxi driver and a student at Kingsborough Community
College in Brooklyn. Before joining the Fair Share Pilot, he had a commute
of more than one hour each way to the garage, and would then wait about
two hours on average for an available taxicab. He now parks a taxicab near
his home at the end of the shift, saving him time and stress.
With his participation in the pilot, Mr. Nizomov no longer needs to worry
about paying up front for his lease. “I can work for as little as two to three
hours and still make money,” he said, “and it allows me to balance both
driving professionally and my academic schedule.” Prior to the pilot, he said,
he would drive five to six hours before covering the lease cost.
“This is fair for me, the garage, and everyone. I love it,” said Mr. Nizomov.
“It’s very flexible. It really fits my schedule. I am saving more, and it is very
affordable. There is no more stress.”
Imran Ali, 35, a full-time taxi driver from Brooklyn, is also leasing a taxicab on
commission. “I can work four, five, six hours. If there’s an emergency, I can
go home. It is much more flexible and more convenient,” said Mr. Ali. “I am
really enjoying it.”
To learn more about the Taxicab Leasing Pilot, medallion owners and agents
can visit this section of the TLC website: