Taxi: Medallion Price Reaches $1 Million

The city’s Taxi and Limousine Commission confirmed the sale of two taxi cab medallions for $1 million each on Oct. 20. The medallion is a license to operate a yellow cab in the city.
Taxi: Medallion Price Reaches $1 Million
Ivan Pentchoukov
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/AmalChen-20111020-IMG_9759.jpg" alt="A medallion on the hood of a yellow cab in New York City." title="A medallion on the hood of a yellow cab in New York City." width="575" class="size-medium wp-image-1796056"/></a>
A medallion on the hood of a yellow cab in New York City.
Ivan Pentchoukov
Ivan Pentchoukov
Author
Ivan is the national editor of The Epoch Times. He has reported for The Epoch Times on a variety of topics since 2011.
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