Taxis go about their business on Fifth Avenue in New York on Thursday, September 3, 2015. Because of the rise in Uber and other apps taxi medallions have decreased in worth to about $900,000 with loan delinquencies on the rise. The Melrose Credit Union has $168 million in delinquencies as of May 2015 while in January 2014 it had only $32,000. In the next six months Melrose has $212 million in maturing loans which many owners will be unable to pay. (© Richard B. Levine)

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Size: 4796px × 4032px
Location: new york ny usa north america
Photo credit: © Richard Levine / Alamy / Afripics
License: Licensed
Model Released: No

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