taxi medallions

The planned sale of 2,000 new yellow taxi medallions helped plug the budget gap for fiscal year 2013.

The outer-borough taxi plan that would have potentially sold 18,000 licenses, or medallions, to taxi drivers for operation in all five boroughs has been blocked, at least temporarily, by a state Supreme Court judge.

A bevy of new yellow taxis will be popping up around Manhattan this year, while new licenses will be sold to livery cabdrivers in the outer boroughs for the first time.