NYC caps taxi medallion debts at $170K after driver hunger strike
Mayor Bill de Blasio announced Wednesday that the largest lender of taxi medallions agreed to cap drivers’ loans at $170,000. This is in response to the driver debts. Marblegate will reduce driver’s debts to $200,000 and city coffers will chip in an additional $30,000, the mayor stated in a joint statement with the New York […]
