The nine medallion asset sales ranged in price from $150,000 to $475,000. Six medallions sold for $230,000 or less.
This would suggest more pain for credit union taxi medallion loan portfolios.
Tuesday, July 4, 2017
New York City Taxi Medallion Prices in June Show Further Signs of Distress
New York City taxi medallion prices continue to fall in June.
The nine medallion asset sales ranged in price from $150,000 to $475,000. Six medallions sold for $230,000 or less.
This would suggest more pain for credit union taxi medallion loan portfolios.
The nine medallion asset sales ranged in price from $150,000 to $475,000. Six medallions sold for $230,000 or less.
This would suggest more pain for credit union taxi medallion loan portfolios.
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