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New York

PoliticAverse

(26,366 posts)

3. "The total I owe Marblegate, about $390,000" - bankruptcy exists to relieve people of odious debts.

Reply to TexasTowelie (Original post)

Thu Mar 11, 2021, 04:29 AM

Mar 2021

> A representative for Marblegate calls the mayor’s plan a “surprising but welcome development” that will stabilize the industry.

Yeah because it's effectively a bailout for Marblegate.

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Highlight:

De Blasio Backs Taxi Medallion Relief Plan, But Taxi Drivers Group Revolts [View all] TexasTowelie Mar 2021 OP

Damn, 390 large? Holy crap that's a lot of money. Hugh_Lebowski Mar 2021 #1

At one point those medallions sold for seven figures FBaggins Mar 2021 #2

"The total I owe Marblegate, about $390,000" - bankruptcy exists to relieve people of odious debts. PoliticAverse Mar 2021 #3