Thirteen months ago, Mayor Michael Bloomberg took a taxi to the Bronx to declare victory in his bid to populate the outer boroughs with a new caste of cab called the borough taxi.

She's a 64-Year-Old Taxi Driver Drowning in Medallion Debt—And She's Fighting Back Dorothy LeConte is part of a movement of taxi drivers demanding that the city of New York relieve their ...

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 ...

NEW YORK (CBSNewYork) – New legislation could offer major relief for taxi drivers in New York City. The rise of ride-share companies and the declining values in medallions have left drivers ...

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 ...

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 ...

First of all, what is a taxi medallion? A taxi medallion, also known as CNPC (Certificate of Public Necessity and Convenience), is a transferable permit to drive a taxi in New York. When did taxis ...

At long last, New York's taxi industry may be about to find out how much a taxi medallion is worth in the Uber age. Aspire Federal Credit Union will auction off 14 medallions from its loan ...

Relief is coming next month for thousands of New York yellow taxi medallion owners who are drowning in debt — but not as much as city officials previously promised. Starting Sept. 19, roughly… ...