New York City Mayor Eric Adams, New York City Taxi and Limousine Commission (TLC) Chair and Commissioner David Do, and Senator Charles Schumer announces that more than 1,000 medallion owners have already achieved more than $225 million in debt relief from the Medallion Relief program.
New York City Mayor Eric Adams and New York City Taxi and Limousine Commission (TLC) Chair and Commissioner David Do announces a finalized agreement with Marblegate Asset Managment and the New York Taxi Workers Alliance (NYTWA) on a program, providing debt relief to medallion owners.