• Home
  • Lost and Found
  • Book a Ride
Toll Free: +1-866-917-TAXI    

Taxi King no longer allowed to manage hundreds of medallions

Posted by NYCYellowCabTaxi.com on April 25, 2017

“Taxi king” Gene Freidman is now the court jester of the cab industry.

Freidman will no longer be allowed to manage the more than 800 medallions he’s controlled for the past several years, the Taxi and Limousine Commission ruled this week.

“We have notified all the medallions that were in the management of those companies that they would need to be managed by others,” said TLC spokesman Allan Fromberg.

The Russian-born mogul’s licenses expired and the TLC declined to renew them because of his controversial past with the agency. Freidman, who has been in a downward spiral of arrests and lawsuits for the past two years, has angered the drivers and medallions owners by not paying the state and the city millions of dollars in surcharges, leaving them on the hook for the money.

Others in the industry say they are glad the TLC finally took Freidman’s licenses.

“He has given the industry a bad name,” said a taxi medallion agent who’s known Freidman for years. “Mr. Freidman for years has flouted regulations and been allowed to get away with it.”

Late last year, a bankruptcy judge ruled that Freidman had to turn over 46 of the medallions he owned to to pay debtors. He still owns about 150 medallions, sources say.

You may also like

  • Brooklyn/Queens Shift ShotsBrooklyn/Queens Shift Shots
  • Scary hack attack (video)Scary hack attack (video)
  • NYC cabbies avoiding Chinese neighborhoods over coronavirus fearsNYC cabbies avoiding Chinese neighborhoods over coronavirus fears
  • NYC Taxicab Drivers no longer required to take english testNYC Taxicab Drivers no longer required to take english test
  • Williamsburg Brooklyn Car ServiceWilliamsburg Brooklyn Car Service

5 thoughts on “Taxi King no longer allowed to manage hundreds of medallions”

  1. Mark on April 27, 2017 at 9:15 pm said:

    Good to see him get what he deserved

  2. Sherpa on April 27, 2017 at 11:17 pm said:

    See you @ city hall

  3. kulikuli on April 28, 2017 at 6:19 pm said:

    the medallion system is already dead, is a thing of the past.

  4. kulikuli on April 28, 2017 at 6:42 pm said:

    last year April, a medallion was sold for $350k, and some says you must be a fool sell it for $350k, and this year’s April, it was sold for $241k, next year’s April it will be $150k, medallion is dead!!!

  5. Jon on May 25, 2017 at 7:58 pm said:

    The TLC publishes prices of transaction and extremely limited info about the details of the deal. Currently the bank/credit unions are not permitted to issue new loans trapping many that have worked decades to pay it off and are stuck accepting these horrible deals. No one know what money was passed under table. Bank funded deals are not in the 200s 300s. Call a broker such as me to give the full details. Email me to set up an appointment. I love to discuss the industry with any one

Leave a Reply

Your email address will not be published. Required fields are marked *

Drivers Lounge

Previous Next All

Beau Goddard: Eta for booking at ink 48?

Namizata: No

Matthew Ahn: ETA for booking from cipriani wall street

Axel: I reserved a taxi at 50 E 98th St, wait 10min and called the number, please cancel the trip. Already on my way

Patty chambi: Cancel ride because it’s late. For June 7 at 12:06 pm from Hilton Garden Inn to Carnegie Hall.

Josephine lange: Please check on booking 213352998 charge was coming from Amsterdam?

Annie Hartford: Please cancel this ride. I don’t which company you are by I didn hire a limo to take me several blocks. Refund my m9 ey, please,

Lenora: Клубника Казино – это пространство для настоящих ценителей азартных игр, где каждый найдет свое место. Здесь вас ждут лучшие игры, выгодные предложения и уникальные возможности для победы. Мы гарантируем безопасность, честность и прозрачность всех игровых процессов. Почему стоит выбрать Clubnika casino бонус? Мы предлагаем бесконечные бонусы, акции и турниры, которые дают шанс увеличить ваши выигрыши. Кроме того, мы обеспечиваем быстрые выплаты и 24/7 поддержку, чтобы ваше время в казино было исключительно комфортным. Когда стоит начать играть в Клубника Казино? Не теряйте времени, начните прямо сейчас и получите бонусы, которые ускорят ваш путь к победам. В Клубника Казино вас ждут: Не упустите шанс начать с бонусами и бесплатными вращениями, которые помогут вам сразу же получить преимущество. Примите участие в турнирах с большими призами и увеличьте свои шансы на удачу. Обновления игр каждый месяц, чтобы не было скучно. Присоединяйтесь к Клубника Казино и станьте частью захватывающего мира выигрышей!.

Christopher B.: Thanks

Ali youcef: Hello , l am looking for day shift partner anybody interested call me to 2014668506

Jhon Doe: Uber was allowed to operate in NYC because technically was a car service company not a taxi,but now they want cab crivers to accept uber requests, it was a plan for the very beginning and we all knoe the master of it,I have been driving for 30 years and do not need help finding my fares.

Salaheldin: I’m looking for 2021hybrid yellowcab for weekly or day shift lease

1 (718) 210-7378: Toyota Prius day shift available in Jamaica by Liberty Avenue and Vanwyck. Lease $400 shift 5am-5pm Car Pick and drop at my location. If anyone interested text to 1 (718) 210-7378 1 (718) 210-7378

Mr T: Looking to buy wave van let me know if anyone selling

Sultan mehmood: I need job sir I am working in Dubai as a texi driver 4 years +971586597209

I am henok: My name is henok I am 24 years old active driver and any one can dm me on watsapp +251931539562

ali Kondakci: Hello I need 12 hrs working shift Bensonhurst Brooklyn bath ave 11214 please call me please my name is ali. Kondakci 6464911840

Rashid: i have one Y cab . now i looking a driver for weekly rented brand new car RV4 2021. if any parsons interested send tax massage. 347-9357005

Gaby: I am looking for drivers who wants to lease a medalion ! And i sponsor any lady who likes to be a NYC yellow cab driver! call 929-435-1456

Mahesh: Dear sir I would like to requesting for light driver job please if you have any vacancies let me know I have uae driving licence manual with 3 years experience if have a vacancy let me know..my contact number: +971523505342.+971501516306. Thanks and best regards Mahesh

»




Navigation

  • NYC Taxi Lost and Found
  • Reserve NYC Taxi
  • NYC Taxi Phone Number
  • Frequently Asked Questions
  • Contact

Information

  • NYC Taxi Medallions for Sale
  • Drivers Wanted
  • New York Car Service
  • Brooklyn Car Service
  • Refund Request

Other

  • New York
  • Brooklyn
  • New York Airports
  • JFK Airport
  • LGA Airport

Footer Logo


Call: +1-866-917-8294

© 2007-2025, NYCYellowCabTaxi.com ™. All rights reserved | Privacy Policy | Terms of Services | Disclaimer
Yellow NYC Taxi Lost and Found Service helps increase your chances of recovering your lost property that was left behind in a taxi cab. YellowNYCTaxi.com is a private blog about New York City Yellow Cab Taxis and is not affiliated with the New York City Taxi and Limousine Commission. Individual results may vary