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The taxicabs of New York City, with their distinctive yellow paint, are a widely recognized icon of the city.[1] Taxicabs are operated by private companies and licensed by the New York City Taxi and Limousine Commission. The Commission is a New York City government agency, within the New York City Department of Transportation, that is best known for its responsibility for the more than 13,087 taxis operating in the city.[2] It also oversees over 40,000 other for-hire vehicles, including "black cars", commuter vans and ambulettes.[1] "Medallion taxis," the familiar yellow cabs, are the only vehicles in the city permitted to pick up passengers in response to a street hail.

The first taxicab company in New York was the New York Taxicab Company, which in 1907 imported 600 gasoline-powered cars from France. The cars were painted red and green. Within a decade several more companies opened business and taxicabs began to proliferate. The fare was 50 cents a mile, a rate only affordable to the relatively wealthy.[3] Previous taxis, including the one that killed Henry Bliss in 1899, were electric.

By the 1920s, industrialists recognized the potential of the taxicab market. Automobile manufacturers like General Motors and the Ford Motor Company began operating fleets. The most successful manufacturer, however, was the Checkered Cab Manufacturing Company. Founded by Morris Markin, Checker Cabs produced the large yellow and black taxis that became one of the most recognizable symbols of mid-20th century urban life. For many years Checker cabs were the most popular taxis in New York City.

During the Great Depression New York had as many as 30,000 cab drivers. With more drivers than passengers, cab drivers were working longer hours; additionally, there were concerns regarding the maintenance and mechanical integrity of the vehicles. In considering how to handle the situation, the city considered creating a taxi monopoly. The plan was abandoned after Mayor Jimmy Walker was accused of accepting a bribe from the Parmelee Company, the largest taxi company.

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