- #Brooklyn bridge 2021 drivers#
- #Brooklyn bridge 2021 driver#
The Barcelona International Biennial of Landscape Architecture closes its first virtual edition with approx imately 2.500 registered people. The project Medellín River Park s, by Sebastian Monsalve Gomez and Juan David Hoyos Taborda, has received a Mention from the Jury. The union is demanding that outstanding medallion loans be capped at $125,000 and refinanced "for no more than 20 years at $757 per month (4% interest rate.The Brooklyn Bridge Park in New York designed by Michael Van Valkenburgh has won the Rosa Barba International Landscape Prize 2021īrooklyn Bridge Park in New York, Michael Van Valkenburgh There is already an offer on our home, and the trustees are ready to sell." "This past Friday, the bankruptcy court put a 'For Sale' sign on our house. "Due to our inability to pay our taxi medallion loan, my father had to file for bankruptcy," she tweeted. In a twitter thread Tuesday, she noted that "more than 950 medallion owners have had to file for bankruptcy." It's time to act now and put an end to this crisis of poverty and debt," said Desai.Īmong the casualties of the crisis is the father of Felicia Singh, a Queens resident running for a City Council seat. Now, we have a commitment of support from the official that the mayor relies on to deliver that federal aid to the city. "De Blasio said he was waiting for federal funds before taking action. But the mayor, said Desai, "has no more excuses." "Drivers took direct action today and sent an SOS to Congress, and Senator Schumer heeded our call," NYTWA executive director Bhairavi Desai said in a statement Wednesday. The union is demanding that outstanding medallion loans be capped at $125,000 and refinanced "for no more than 20 years at $757 per month (4% interest rate.)" "Instead, many of these workers and small business owners were sent down a rabbit hole of financial ruin." "Hardworking taxi medallion individual and owner-drivers entered this industry believing the city would run a fair system," New York Attorney General Letitia James said in November. Hedge funds are also now scooping up the medallions. New York State Assemblymember Yuh-Line Niou on Wednesday also amplified the Times reporting in the context of the drivers' action, tweeting: "The predatory lending that was condoned by the city and the state used to help some folks and hurt others was designed to trap people into a cycle of debt." The local Sunnyside Post on Tuesday pointed to key reporting from the New York Times in 2019, saying that it "uncovered that much of the devastation was caused by a handful of taxi company owners-in concert with unscrupulous lenders and city officials-who artificially drove up the price of the medallions year after year." Three of them were yellow cab owner-drivers. #Brooklyn bridge 2021 drivers#
In 2018, nine for-hire drivers in New York died by suicide, crushed under the financial pressure of debts owed on their medallions. New medallions are either sold by the city or, more commonly, bought through auctions. Traditionally, taxis in big cities require medallions-official licenses that allow yellow cabs exclusivity to pick up street hails. Now, they say, pressure must be focused on New York City Mayor Bill DeBlasio to confront what drivers and their advocates describe as an economic crisis.ĭrivers have seen between an 80-90% drop in ridership since March of 2020. In a statement shared by the union, Schumer said, "I stand with the New York Taxi Workers Alliance in their urgent mission to forge a financial lifeline for their hard-pressed members to restructure medallion debt, salvage their future retirement, and have a fair chance at earning a living wage for all of their many hours behind the wheel." The union said they were pleased Schumer "heeded our call" after he issued a statement in favor of debt forgiveness. Majority Leader Chuck Schumer's Brooklyn home.
#Brooklyn bridge 2021 driver#
\u201cWe are outside Gracie Mansion right now calling on to listen to our demand for debt forgiveness for taxi drivers.\u201d - NY Taxi Workers Taxi Workers)īook-ending the afternoon direct action on the iconic bridge was testimony earlier in the day at a city council hearing on taxi driver debt and a later rally outside Sen.
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