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Taxis in New York City Taxis in New York City. (Source: Shutterstock)

A labor union representing New York City taxi drivers is calling on Marblegate Asset Management and the city to renegotiate the terms of taxi loans that the private equity firm purchased from the NCUA.

In unveiling a specific plan, the New York City Taxi Workers Alliance said taxi drivers cannot afford the terms of Marblegate’s offer to individually renegotiate the terms of the loans.

David Baumann

 

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