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neilmakcne

Latest Activity

May 9, 2011

Date Joined

May 9, 2011

About this user

Medallion taxis are named for the official medallion issued by the TLC and attached to a taxi's hood. The medallion may be purchased from the City at infrequent auctions, or from another medallion owner. Because of their high prices, medallions (and most cabs) are owned by investment companies and are leased to drivers ("hacks"). An auction was held in 2006, where 308 new medallions were sold. In the 2006 auction all medallions were designated as either hybrids (254) or handicap accessible (54) taxis.

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