News

  • Trump Lawyer Reportedly Invested in New York City Taxi Medallions Bloomberg 12 Apr 2018 05:50 Video Games UK & Ireland Yahoo The FBI raid on the offices of President Donald Trump’s lawyer, Michael Cohen, included one surprising aspect: taxi medallions. Agents were seeking documents on Cohen’s ownership of “numerous” New York City taxi medallions, according to CNN. That might …
  • Michael Cohen and the absolutely amazing history of the once-coveted New York City taxi medallion 10 Apr 2018 18:57 CNN Which is totally fascinating. And totally New York City.If you don't live in the Big Apple, you almost certainly have no idea a) what a taxi medallion is b) why they are valuable and c) why Cohen owned several of them. (SPOILER ALERT: The answers to …
  • Inside New York’s taxi ‘crisis’ 05 Apr 2018 00:37 News Yellow taxis are as emblematic of New York as the Manhattan skyline, and one that has provided hundreds of thousands of immigrants with full-time, well-paying jobs. But the arrival of ride-hailing apps mean that cab driving has become an increasingly …
  • New York Taxi Drivers See State Fee as Blow to Battered Industry 02 Apr 2018 03:25 wsj.com The state budget dealt a blow to New York’s struggling taxi and livery car industry, imposing a fee of $2.50 to $2.75 on trips in Manhattan’s business district to pay for improvements to mass transit. While some public-transportation advocates complained …
  • For-Hire Vehicle Industry Coalition Seeks Legal Recourse Against New York City Taxi and Limousine Commission 23 Mar 2018 20:00 MarketWatch.com NEW YORK, March 23, 2018 /PRNewswire/ -- McElroy, Deutsch, Mulvaney & Carpenter, LLP ("MDM&C" or "the Firm") today announced that, on behalf of a coalition of For-Hire Vehicle industry organizations, companies and …
  • Taxi van crashes into car in Buffalo 28 Feb 2018 19:44 WIVB News 4 Staff Published: February 28, 2018, 12:43 pm BUFFALO, N.Y. (WIVB) — At least one person was rushed to the hospital after a taxi slammed into a car in Buffalo Wednesday morning. The accident happened at Jefferson Ave. at Genesee St. The taxi van …
  • New York City Taxi Driver Kills Himself at City Hall After Condemning Uber and Politicians for Financial Ruin 07 Feb 2018 17:51 truthout New York City taxi drivers held a vigil on Tuesday to honor livery car driver Douglas Schifter, who killed himself in front of City Hall Monday morning after writing a long Facebook post condemning local politicians and Wall Street-backed apps like Uber …
  • Some See Signs of Life in Market for New York City Taxi Medallions 18 Jan 2018 23:42 wsj.com In a sign of how far New York City’s taxi-medallion market has tumbled, the sale this week of seven medallions for under $200,000 each was hailed as a win. In 2013, prices averaged five times as high for the medallions, the metal shields that give drivers …
  • Uber Suffers Major Setback After EU Court Rules It's a Taxi Service - New York Times 20 Dec 2017 10:02 Google The uncertainty has fueled a wave of litigation, leaving the courts to create a patchwork of regulations. “It’s normal that authorities don’t know what to do — they can’t just issue regulations anytime somebody claims to operate a new business model,” …
  • Taxi driver spends 30 years photographing people getting rides in New York City 11 Nov 2017 15:17 Metro Cafe When Ryan Weideman arrived in New York, he was filled with heady dreams of becoming a street photographer. But, well, he needed to pay his rent. So Ryan became a taxi driver. He didn’t give up on the photography thing, though. He’d graduated with an MFA …
  • Rita Ora is low-key as she grabs taxi in New York 02 Nov 2017 21:30 Charleston Daily Mail The head of the fashion house has just stepped down - but Rita Ora proved that Burberry is firmly on fashionistas' radars on Thursday. Stepping out in little more than a raincoat from the brand, Rita showed off her long legs on her exit from her New …
  • New York Community profits fall 18% as taxi lending woes persist 25 Oct 2017 14:11 Americanbanker Ongoing problems in the taxi medallion portfolio of New York Community Bancorp in Westbury, N.Y., put a big dent in its third-quarter profits. The $48.4 billion-asset company reported earnings of $102.3 million, or 18% lower than a year earlier. Earnings …
  • New York man allegedly abandons woman in burning car after accident and hails taxi 17 Oct 2017 11:04 Boston Herald A Queens woman is dead after a fiery car accident, and the man police say was driving faces charges after allegedly fleeing the scene in a taxi, PEOPLE confirms. Harleen Grewal, 25, was found burned to death in the passenger seat of a 2007 Infiniti G35 by …
  • Driver hails down taxi to flee New York car crash 16 Oct 2017 19:29 Mail on Sunday This is the moment a New York man was caught on camera hailing a taxi to leave the scene of a car crash while his trapped female friend burned to death nearby. The footage shows 23-year-old Saeed Ahmed asking a taxi driver in the middle of a highway if he …
  • New York Taxi Mogul's Medallions Find a Buyer 07 Sep 2017 23:34 wsj.com The trustee liquidating part of New York taxi mogul Evgeny “Gene” Freidman’s holdings has found a bidder offering $7.7 million ahead of a planned auction to help repay former lender Citibank. Bankruptcy trustee Greg Messer said in court papers that a …
  • Taxi Driver Sits Dead in Cab for 18 Hours on Busy Manhattan Street 15 Aug 2017 22:24 Epoch Times A taxi driver died inside of his cab, on Aug. 8, and sat there for 18 hours before his body was discovered. Fifty-nine-year-old Mehari Bokrezion parked his cab at a popular cabbie break spot in downtown Manhattan, adjacent to a basketball court. He dozed …
  • Taxi Driver Sits Dead in Cab for 18 Hours on Busy Manhattan Street 15 Aug 2017 22:24 Epoch Times A taxi driver died inside of his cab, on Aug. 8, and sat there for 18 hours before his body was discovered. Fifty-nine-year-old Mehari Bokrezion parked his cab at a popular cabbie break spot in downtown Manhattan, adjacent to a basketball court. He dozed …
  • New York Water Taxi hits dock on West Side, 30 injured 30 Jul 2017 21:48 WABC WEST SIDE, Manhattan (WABC) -- A New York Water Taxi hit the dock on the West Side of Manhattan on Friday afternoon. It happened just after 4 p.m. at Pier 79 at 40th Street and the West Side Highway in Manhattan. EMS reports that 30 people were injured. …
  • New York Water taxi strikes dock at Pier 79 in Hell's Kitchen injuring 30 passengers   29 Jul 2017 07:10 Tert A New York Water Taxi returning from a trip to the Statue of Liberty struck the dock at Pier 79 in Hell’s Kitchen Friday, injuring 30 passengers, the NY Daily News reports, citing authorities. Firefighters and medics rushed to the Hudson River near W. …
  • POLICE: Suspect carjacked taxi in Cheektowaga 25 Jul 2017 09:03 WIVB