Recently, the medallion owners stymied two of Bloomberg’s signature efforts to reform the New York City taxi system: the borough taxi plan, and his effort to reduce carbon emmissions bymaking ...

How much did the taxi medallions cost in 1937? According to historian Graham Russell Gao Hodges, author of the book “Taxi! A Social History of the New York City Cabdriver,” after the passage of the ...

A new class action lawsuit says a decade of negligence and corruption by New York City officials destroyed the value of yellow taxi medallions, and demands $2.5 billion in restitution.

The New York City Taxi & Limousine Commission chose the Nissan NV200 as the “Taxi of Tomorrow.” New York City taxicab medallion holders are being unfairly forced to comply with regulations not ...

Owners of New York City taxi medallions are in crisis. Owning the right to operate one of the city’s iconic yellow cabs was once a sure financial bet. That is no longer the case considering the ...

The taxi medallion price has dropped from its million-dollar peak in 2014 to as low as $60,000 in individual sales, with new competition from Brooklyn startup Revel adding just another blow to ...

New York City will never allow this medallion to go all the way down,” she reasoned with her brother. City data showed a 10 percent drop in revenue per yellow cab after Uber’s debut in 2011 ...

Last Thursday, New York City Controller Scott Stringer stood shoulder-to-shoulder with members of the New York Taxi Workers Alliance to offer his support of their proposal for taxi medallion relief.

New York Rep. Gregory Meeks and other local leaders proposed new legislation called "The Tax Relief For Taxi Drivers Act" that would guarantee taxi medallion owners wouldn't be taxed for any debt ...