Show Navigation

Chicago, Illinois -- Tuesday, February 12, 2019

On its way to land, a plane passes by a designated lot where taxi drivers wait their turns to pick up passengers at Chicago O'Hare International Airport. Drivers often have to wait three or four hours to pick up a passenger at Chicago's two major airports but say the time is worth the guaranteed fare.

Chicago taxi medallions, now worth about $25,000, were once valued at nearly $400,000. The market's crash and predatory loans caused many medallion owners to declare bankruptcy in a situation made worse by the introduction of ride share apps like Lyft and Uber to the market.

CREDIT: Alyssa Schukar for The New York Times
30230061A

Add to Lightbox Download
Filename
2019-ChicagoTaxi-8467A.JPG
Copyright
Alyssa Schukar
Image Size
6529x4353 / 3.0MB
www.alyssaschukar.com
Contained in galleries
Chicago, Illinois -- Tuesday, February 12, 2019<br /> <br /> On its way to land, a plane passes by a designated lot where taxi drivers wait their turns to pick up passengers at Chicago O'Hare International Airport. Drivers often have to wait three or four hours to pick up a passenger at Chicago's two major airports but say the time is worth the guaranteed fare. <br /> <br /> Chicago taxi medallions, now worth about $25,000, were once valued at nearly $400,000. The market's crash and predatory loans caused many medallion owners to declare bankruptcy in a situation made worse by the introduction of ride share apps like Lyft and Uber to the market.<br /> <br /> CREDIT: Alyssa Schukar for The New York Times <br /> 30230061A
Info