Crossword Genius

New Yorker’s to take out taxi, speeding around houses (4-3)

Ross

I believe the answer is:

deep-six

I'm a little stuck... Click here to teach me more about this clue!

'new yorker's to' is the definition.
I can't tell whether this definition defines the answer.

'out taxi speeding around houses' is the wordplay.
'houses' indicates the answer is hidden within the clue (part of the clue houses the answer).
'around' says the letters should be written in reverse.
'xispeed' is hidden in the letters of 'out taxi speeding'.
'xispeed' backwards is 'DEEP-SIX'.

'take' is the link.

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I've seen this clue in The Times.
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