Politics NY: New York’s Source for Government & Political NewsPolitics NY: New York’s Source for Government & Political News
  • Contact Us
  • Power Lists
  • Election Primer
  • Debates & Forums
  • Regions
    • Queens
    • Brooklyn
    • The Bronx
    • Manhattan
    • Staten Island
  • Videos
    • In the Community With
    • Election Debates
    • Power Players
    • Meet the Candidates
  • Opinion
  • Policy
    • Transportation
    • Education
    • Police & Safety
    • Real Estate & Housing
    • Business & Economics
    • Health
    • Immigration
  • Judicial
  • Jobs
  • Our Network
    • amNY
    • Bronx Times
    • Brooklyn Paper
    • Caribbean Life
    • Dan’s Papers
    • Gay City News
    • Long Island Press
    • Metro
    • Noticia
    • QNS
Politics NY: New York’s Source for Government & Political NewsPolitics NY: New York’s Source for Government & Political News
  • Contact Us
  • Power Lists
  • Election Primer
  • Debates & Forums
  • Regions
    • Queens
    • Brooklyn
    • The Bronx
    • Manhattan
    • Staten Island
  • Videos
    • In the Community With
    • Election Debates
    • Power Players
    • Meet the Candidates
  • Opinion
  • Policy
    • Transportation
    • Education
    • Police & Safety
    • Real Estate & Housing
    • Business & Economics
    • Health
    • Immigration
  • Judicial
  • Jobs
  • Our Network
    • amNY
    • Bronx Times
    • Brooklyn Paper
    • Caribbean Life
    • Dan’s Papers
    • Gay City News
    • Long Island Press
    • Metro
    • Noticia
    • QNS
Politics NY: New York’s Source for Government & Political NewsPolitics NY: New York’s Source for Government & Political News
  • Regions
  • Queens
  • Brooklyn
  • The Bronx
  • Manhattan
  • Staten Island
  • Videos
  • In the Community With
  • Election Debates
  • Power Players
  • Meet the Candidates
  • Policy
  • Transportation
  • Education
  • Police & Safety
  • Real Estate & Housing
  • Business & Economics
  • Health
  • Immigration
  • Our Network
  • amNY
  • Bronx Times
  • Brooklyn Paper
  • Caribbean Life
  • Dan’s Papers
  •  
  • Gay City News
  • Long Island Press
  • Metro
  • Noticia
  • QNS
  • Contact Us
  • Power Lists
  • Election Primer
  • Debates & Forums
  • Opinion
  • Judicial
  • Jobs
Politics

$350 million of taxi debt forgiven so far, Adams says

By Ben Brachfeld Posted on January 24, 2023
TOD_8174-scaled-1-1200×797-1

Over $350 million of taxi medallion debt has been forgiven under the city’s Medallion Relief Program for distressed cabbies, Mayor Eric Adams announced Tuesday.

Nearly 1,800 cabbies with loans from Marblegate Asset Management have seen their loans restructured, wiping $356 million in debt from the books and enabling more financial stability for the mostly-immigrant taxi driving workforce.

See the full article at amNY

$350 million of taxi debt forgiven so far, Adams says

About the Author

Related Articles

  • Uber sues Taxi & Limo Commission to halt ‘drastic’ driver rate hike
  • Taxi drivers savor victory as medallion debt bailout deal ends hunger strike
  • Taxi drivers go on hunger strike in protest of NYC debt relief program
  • City Council Overwhelmingly Caps Uber, Lyft

Jobs in New York

Add your job

  • Hahn's Old Fashioned Cake CompanySE BUSCA AYUDA EN PANADERÍA
  • MDG Design & Construction LLCM/WBE Job Opportunity
  • Auburndale ChiropracticFront Desk/Receptionist

View all jobs…

Sign up for our daily insider news roundup

Subscribe

More from Around New York

roads to success
Bronx Times

CM Riley, Roads to Success and AIMHIGH sponsoring 40 Bronx youths to attend financial empowerment conference

US Health and Human Services Secretary Robert F. Kennedy Jr. listens at a Make Oklahoma Healthy Again kickoff event at the Oklahoma State Capitol in Oklahoma City, Oklahoma, U.S. June 26, 2025.
Gay City News

RFK abruptly cancels meeting of task force responsible for determining preventive services

ridgewood
QNS

Ridgewood mother and daughter arrested for attacking woman over parking spot: NYPD

NY: A Night at Niblo’s Garden – Green-Wood Cemetery
Brooklyn Paper

Green-Wood Cemetery honors William Niblo with sold-out Victorian spectacle

  • Contact Us
  • Networking Events
  • Podcasts
  • © 2025 Political Edge LLC
  • Privacy Policy
  • Terms of Use
  • Sections
  • Jobs
  • Power Lists
  • Videos
  • Contact