One of the city’s best investments is right under New Yorkers’ noses. Actually, it’s on the hood of their taxis. Yellow-cab medallions — those small, plastic emblems attache… ...

Currently, medallion owners must also be drivers and must drive a cab at least 800 hours a year, which works out to roughly two 10-hour shifts a week. That's where the problems come up.

Yellow Cab Cooperative, the city’s biggest fleet with 600 cabs, paid around $2,100 a month for a medallion two years ago, said general manager Jim Gillespie. Last year it paid $1,800 a month. In ...

The two-part series , by Brian M. Rosenthal, is worth the read.Rosenthal described a bubble market in the “medallions” that the city requires to drive a yellow cab. Prices for medallions ...

A pair of fleet medallions are being sold for a record $950,000 each – further proof they’re among the best investments in town. The closing on the nearly $2 million deal is set for the… ...

The Taxi and Limousine Commission is expected to green-light the sale of 900 new yellow-cab medallions next month, a move that could be a precursor to the first fare hike in seven years. The taxi i… ...

The Yellow Cab Association on Thursday filed a lawsuit in federal court against the City of Chicago, contending a new cabbie ordinance illegally forced the company to sell 640 of its medallions at … ...

Business Uber is causing taxi medallions to decline in value Cab drivers paid a high price for medallions, required to pick up passengers, but they’re losing their worth.

Shortly after Mayor Harold Washington introduced legislation to topple a near-monopoly held by Chicago`s two largest taxi firms by removing a ceiling on cab licenses, administration officials ...