Rep. Alexandria Ocasio-Cortez and New York City lawmakers are calling for tighter oversight of lending in the taxi medallion industry, following a series of reports from the New York Times ...

Recalling when the self-proclaimed socialist, demanding relief for taxi drivers, mounted a hunger strike in defense of ...

Let's start from the beginning. Way back when -- think 1937 -- New York City officials made the decision that in order to operate a taxicab in the city, you needed to own (or lease) a taxi medallion.

At the time, less than 2% of New York City taxi cabs could accommodate a wheelchair. Medallion No. 9G84, the ceremonial 50% mark. (Evan Simko-Bednarski/New York Daily News) ...

At present, there are 12,187 taxi medallions, of which 1,187 were sold by the city in 1937 at $10 each. Another 400 were auctioned off in 1966 and 1967. Mr. Murstein, president of Medallion Financial ...

October 24, 2024 01:01 PM City's troubled taxi-insurance assets are targeted by $3B fund Laura Nahmias, Katia Porzecanski and Natalie Lung, Bloomberg Reprints Bloomberg ...

Medallion Financial Corp president Andrew M Murstein sees New York City Mayor Michael R Bloomberg's proposal to sell 300 new taxi medallions a year for three years as boon for company, which lends ...

“Last summer, taxi medallion owners were the first to falsely claim Uber caused congestion, this summer they are paying lobbyists to create sham advocacy organizations that disparage our accessibility ...

The new rule stems from a 2014 court settlement with disability groups mandating 50% of the taxi fleet be wheelchair accessible by 2020. At the time, only 2% of taxis were WAVs.

NEW YORK CITY. Last evening, the city that never sleeps got its first look at the next version of its iconic taxicab: The 2014 Nissan NV200 Taxi.

Medallion Financial Corp president Andrew M Murstein sees New York City Mayor Michael R Bloomberg's proposal to sell 300 new taxi medallions a year for three years as boon for company, which lends ...