A secretive hedge fund that has become the biggest owner of New York City taxi medallion loans is showing signs that it may come to the table for an emergency deal to save the city’s cash-strapped cabbies, city officials say. Marblegate Asset Management — a Greenwich, Conn.-based fund that owns roughly 4,300 taxi medallions and …
A new plan to solve New York City’s taxi crisis is brewing — and it’s coming from a pair of local tech entrepreneurs. A pair of former Wall Street traders who have created a ride-hailing app for yellow cabs are teaming up with a city councilman with an idea to not only slash the debts …
A secretive hedge fund that has become the biggest owner of New York City taxi medallion loans is showing signs that it may come to the table for an emergency deal to save the city’s cash-strapped cabbies, city officials say. Marblegate Asset Management — a Greenwich, Conn.-based fund that owns roughly 4,300 taxi medallions and …
