Articles from Shenwick & Associates

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Taxi medallion auction price hits new low Crains New York Blog

Submitted by Anonymous (not verified) on Wed, 07/17/2019 - 15:03

An auction Thursday of 16 medallions at an East Elmhurst, Queens, hotel came to an early end, with just three sales and a top price of $138,000.
https://www.crainsnewyork.com/transportation/taxi-medallion-auction-price-hits-new-low

Another Taxi Medallion

Submitted by Anonymous (not verified) on Tue, 07/16/2019 - 17:16

Another Taxi Medallion Workout Success Story
Crains New York reported on July 11, 2019 that an auction of 16 medallions at an East Elmhurst, Queens, hotel came to an early end, with just three sales and a top price of $138,000.
Regrettably, this article demonstrates that taxi medallions continue to drop in price.  
As many readers of this blog know, Jim Shenwick has developed a niche practice representing “underwater’ taxi medallion owners.
The strategies used by Jim Shenwick in taxi medallion workouts are as follows:

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