Transmissions

Is Uber Killing the Yellow Taxi in New York City (1x17)

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Opened by lifelong taxi driver Gus Kodogiannis, McGuinness Management Corporation has serviced New York City streets with yellow cabs since 1986—25 years before Uber launched in the city in 2011. Today, the dispatcher's surplus inventory of yellow cabs is so large that it stretches beyond its own property and overflows onto public streets, prompting residents and business owners nearby to dub this particular area of Greenpoint, Brooklyn, a “taxi graveyard.” It's an unprecedented predicament for yellow cab dispatchers: sitting on millions of dollars worth of medallion yellow cabs, lots full of idle cabs, but not enough drivers to drive them.