cab drivers in here in new york city just scored
a major win. New york officials announcing Wednesday a
deal with the largest holder of taxi loans in the
city to eliminate hundreds of millions of dollars in debt
owed by the drivers marble gate asset management will now
reduce the amount that each cab driver goes to.
170,000 from an average of about half a million dollars
per driver. It agrees to terms that will lower
each driver's payments to a maximum of$1,122 per month
. The new deal comes after several members of the
New York Taxi Workers Alliance stopped eating late last month
to protest the city's earlier rescue plan, which many
drivers had criticized as insufficient. In a news release
, Mayor de Blasio said this quote, taxi workers
have worked tirelessly to make new york city the most
vibrant city in the world And we refuse to leave
them behind. So the city could spend$100 million
dollars or more to potentially eliminate hundreds of millions of
dollars in debt.