🌱 Cab Drivers Wage Increase + Facebook To Lay Off 100s Of NYC Workers

Good morning, New York City!

• Lawmakers are considering revisions to NYC's property tax system.
• Facebook is laying off hundreds of workers at its New York City offices.
• City cab drivers are getting a raise for the first time in ten years.

But first, today's weather:

Breezy; morning rain. High: 52 Low: 36.

Here are the top five stories in New York City today:

1. City officials agree that New York City's property tax system is terrible and needs to be changed. At least that's the takeaway from a Tuesday City Council meeting in which lawmakers discussed what to do now that the controversial developer tax break 421a has expired, and whether or not small property owners should all be grouped into the same tax category. (New York City Patch)
2. Facebook's parent company Meta is planning to lay off over 800 New York City workers at three office location, according to a notice filed with the government, which states "economic" reasons. Back in 2020, Facebook signed a lease in an office building near Penn Station that former Mayor Bill de Blasio hailed as the first major lease of the coronavirus pandemic. (New York City Patch)
3. New York City cab drivers are set to see their first wage increase in 10 years by the end of 2022, with the price of a ride estimated to go up by 23 percent for customers. The per-minute and per-mile rates for Uber and Lyft drivers will also increase. The Taxi and Limousine Commission approved the rate hikes on Tuesday. (Gothamist)
4. Mayor Eric Adams announced a financial plan that would save New York City a projected $2.5 billion in fiscal years 2023 and 2024, fearing the potential for a recession in years ahead. Budget cuts impacted every city agency, with the NYPD, FDNY and Department of Sanitation being the only three that didn't meet the reduction targets. (AMNY)
5. NYC officials are set to announce the construction of a new soccer stadium in Willets Point, Queens, on Wednesday, which will serve as home to the New York City Football Club, which had previously hosted some of its games at Yankee Stadium. The new field will also come with 2,500 "affordable" apartments in the area. (THE CITY)

New York City pic of the day:

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Today in New York City:

• Lightscape at Brooklyn Botanic Garden opens today (after dark)
• Organic Cold Process Soap Making Class - Little Shop of Crafts (6 p.m.)
• Turkey giveaway - Inwood (6 p.m.)
• Empanadas and Bomba Night - The Meatpacking District (7 p.m.)
• National Geographic’s Limitless: Screening and Conversation with Chris Hemsworth and Dr. B.J. Miller (8 p.m.)

Crime and safety corner:

• Ariana Grande's brother, Frankie Grande, 39, was violently mugged by two teenagers in Midtown last week, according to reports. (New York City Patch)
• A medical examiner for the city is accused of stealing a luxury Louis Vuitton bag from a Manhattan apartment, authorities said. (New York City Patch)

From my notebook:

• A dog lost in Central Park has found its owners, according to police. (New York City Patch)
• A fire caused by an e-bike battery broke out in Brooklyn yesterday, just one day after the City Council considered regulating or banning the lithium-ion batteries. (AMNY)
• The late Ivana Trump’s glitzy Lenox Hill townhouse is now on the market for $26.5 million. (New York Post )
• It's almost time for the Macy's 2022 Thanksgiving Day Parade's 96th rendition on Nov. 24. (New York City Patch)

More from our sponsors — thanks for supporting local news!

Events:

• National Geographic’s Limitless: Screening and Conversation with Chris Hemsworth and Dr. B.J. Miller (November 16)
• Candle Making Class - New York City (November 17)
• Hootenanny: A Celebration of Jewish Music (November 17)
• "Spirit Drenched in Gold" 5Rhythms Dance & Movement Meditation Class (November 18)
• Paul Feig and Ellie Kemper: Cocktail Time! (November 18)
• Berkeley College Open House (November 19)
• Rizos & Coquito Holiday Pop Up Shop (November 19)
• Olivia Harrison and Martin Scorsese on George Harrison: Came the Lightening (November 20)
• 92NY May Center for Health and Fitness (November 28)
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Thanks for following along and staying informed! I'll be back in your inbox tomorrow morning with another update.

— Dashiell Allen

Have a news tip or suggestion for an upcoming New York City Daily? Contact me at patchnyc@patch.com