Medallions news and trends

Taxi Drivers Driven To Bankruptcy Over Medallion Loans
Loans // May 19, 2019

The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with debt and financial strife. While New York City has long blamed Uber and Lyft for the industry’s woes, a New...

Quick Reads
NY AG, Mayor Launch Inquiries In Taxi Industry Practices

May 21, 2019
The New York Attorney General’s office and New York Mayor Bill de Blasio have both ordered investigations into the practices of the taxi industry that has resulted in drivers saddled with crushing debt after being steered into costly loans. According to a report in The New York Times, the Mayor of New York is investigating […]

Taxi Drivers Driven To Bankruptcy Over Medallion Loans

May 19, 2019
The New York City taxicab industry has been suffering, with a series of suicides plaguing taxi drivers over the past year as they struggle with debt and financial strife. While...