In early November, after 46 days of picketing and 15 days of hunger strike, members of the New York Taxi Workers Alliance won what they deserved all along: a measure of relief from the vast debts incurred when the inflated value of their city-issued medallions crashed in recent years. Under a three-way agreement among the NYTWA, the de Blasio administration, and the city’s largest medallion lender, drivers — who owe, on average, $550,000 each — will see their debt written down to $170,000 and amortized so that monthly payments don’t exceed $1,122. Most important, the city will guarantee each of these rescue loans in the event of default.

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