Taxi Tales: Uncovering The Real Pay Dirt In The New York Taxi Industry
Webthe times conducted hundreds of interviews, reviewed thousands of records and built several databases to unravel the story of the downfall of the taxi. Webhow we investigated the new york taxi medallion bubble it took a year, 450 interviews and a database built from scratch to answer a simple question: Webfifteen days after starting a hunger strike, thousands of indebted new york city taxi drivers got the relief they’ve spent years pleading for. Their union, the new. Webnyc slashes taxi drivers’ debt after years of crushing, mounting loans.
For years, the price of a new york city taxi medallion—a permit required for a driver to operate a yellow cab—soared higher and. Webthe plight of new york taxi drivers — largely older immigrant men — has become more appreciated in recent years, in part by a rash of suicides from anguished. Webnew york city has arranged over $225 million in debt relief for more than 1,000 taxi medallion owners to aid an industry battered by competition from uber.
