After 8th suicide of NYC cabbie, half price taxi fares to Manhattan launched
Yellow taxi medallion owners face ruin, TLC tries to help; Brooklyn, Queens riders get discount with Waave app
On Wednesday, the New York City Medical Examiner determined that the death of a cab driver in Queens was by hanging, making him the eighth driver to die by suicide this year, according to ABC News.
Roy Kim, 58, hanged himself with a belt in his Bayside home on Nov. 5. According to reports, he was more than $500,000 in debt after purchasing a taxi medallion in 2017.
These suicides have been linked to the growth of ride-share companies like Uber and Lyft, which have devastated the yellow cab business in New York City.