Who owns nyc taxi medallions

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Log out. US Markets Loading H M S In the news. Raul Hernandez and David Choi. Journey to the US. From modest taxi business to Taxi King. Medallion prices skyrocket Default on a loan from Citibank leads to bankruptcy filings.

Named one of New York's most "delinquent" taxpayers. Independent monitor appointed to manage Freidman's finances. I have a brand new car, new technology, brand new tablet, brand new meter," Collazo said.

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Just to make a living. They stole from us. Erhan Tuncel, 61, obtained his taxi license in and purchased his medallion in Many have found themselves in a situation similar to Tuncel: his income as a taxi driver is not enough to pay off his medallion debt, so his lender seized it. But without his medallion, Tuncel cannot make a living. We have been pushed to that situation by people in power so we want them to correct the situation. Tuncel wants his medallion returned, his loan restructured, and to get back to driving the public.

We want the city to realize that and give us back the dignity we deserve. Mokbul Choudhury, 73, Bronx. He is a Bangladeshi immigrant who has been driving since Topics US personal finance news.