Showing posts with label NYC taxis. Show all posts
Showing posts with label NYC taxis. Show all posts

Sunday, November 4, 2007

NYC Taxi Cartel


The priciest piece of aluminum in NYC, a taxi medallion to operate a single cab (pictured above - you'll see them on the hood of every NYC taxi), just sold for as high as $385,000 when the Taxi and Limousine Commission staff unsealed 155 bids yesterday. The lowest winning bid was $277,777, and the average bid was $309,000.

from Carpe Diem