NYC taxi workers celebrate after medallion debt relief agreement reached; hunger strike over

Taxi workers have finally brokered a debt relief agreement with New York City and a private asset management company after more than a month of protests calling on Mayor Bill de Blasio to do more to help thousands of drivers struggling with medallion debt.

The New York Taxi Workers Alliance reached a deal on Wednesday with Marblegate Asset Management, who control a large number of the city’s medallions, to “supplement” the city’s existing taxi medallion relief program.

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