Taxi lobbies wouldnt exist w/o the transferability and leasing of medallions. The idea that a "permit" can be transferrable is ridiculous. This is the structure that caused one of the the problems. Taking a non-cab on Manhattan proper is usually a waste of time. To take a cab in NYC, you walk out to street that has a place to pull over. Form the "I need a ride pose", or raise your hand and look the cabbie in the eye and boom, you are off to your destination in seconds. I don't think I have ever waited over a minute for a cab in NYC. If you need to get to the airport, call for a black car.

It broke my heart listening to my cab driver talk about how much he paid for his medallion.

https://en.wikipedia.org/wiki/Taxi_medallion