Landlord-Tenant Dispute and Criminal Mischief Does not Merit Continued Suspension

In Taxi & Limousine Comm’n v. Anthony, OATH Index No. 715/22 (Nov. 22, 2021), an Uber driver was suspended after being arrested on a charge of criminal mischief, which sounds rather innocent, but is actually a low level felony. The charge arose from a dispute between housemates. One roommate demanded the other move out and,...
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Debt Relief for Medallion Owners

The New York City Taxi and Limousine Commission and Senator Charles Schumer announced an agreement between the City, the New York Taxi Workers Alliance, and Marblegate Asset Management, the largest medallion lender, to create a City-funded deficiency guarantee to achieve greater principal reduction and lower monthly payments for medallion loans.Under the agreement, Marblegate will restructure outstanding...
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The ‘Taxi King’ Is Dead

Evgeny Freidman, a cabdriver’s son who came to own hundreds of medallions and to manage even more, died the other day at age 50. Freidman was a notorious tax cheat and a disbarred lawyer, who caused his partners millions in losses, but avoided prison by having the good luck of having what has been called...
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City Says Medallion Relief Program ‘In Full Swing’

Mayor Bill de Blasio announced this week that  the City’s $65 million Medallion Relief Program was “in full swing.” That’s true if “full swing” means minimal swing.  The city say that 57 loan restructuring deals have been approved, “delivering $10.4 million in debt cancellation to financially distressed Owners.”  But there are roughly 13,000 medallions and pretty much...
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