On June 27, 16 New York City taxi medallions foreclosed by Aspire Federal Credit Union (Clark, NJ) will be auctioned.
The minimum bid is $130,000 for unrestricted medallions. At their peak, New York City taxi medallions were valued at more than $1 million.
There are 15 unrestricted medallions. One medallion is for a handicap medallion.
Bidders may present bids for one, multiple, or all medallions.
Read details of the auction.
The auction was delayed to July 11.
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