Yellow Cab

Taxicabs are the only vehicles that have the right to pick up street-hailing and prearranged passengers anywhere in New York City. By law, there are 13,587 taxis in New York City and each taxi must have a medallion affixed to it. Medallions are auctioned by the City and are transferrable on the open market by licensed brokers.

Use the links to the left to learn more about owning or managing a medallion, or if you are interested in providing dispatching services or in-vehicle equipment for yellow taxis.

image of yellow cabs

TLC Announces Medallion Storage Option

Effective immediately, the TLC will allow Medallion Owners to place Medallions and Rate Cards into storage by emailing a completed Medallion Storage Receipt form to the TLC.

Are you qualified?

  • All Medallion licensees can put a medallion and rate card into storage for up to 60 days.


  • Completed Medallion Storage Receipt form.

How to put your Medallion / Rate Card into storage

  1. Print the storage form Medallion Storage Receipt Form from the TLC website.

    Download and print the Medallion Storage Receipt Form from the TLC website. Completely fill out the printed form.  Incomplete forms will not be processed.

  2. Email the Storage Receipt Form to TLC.

    Scan and email the Medallion Storage form to  Please do not come to the TLC’s Long Island City Facility to submit documents.  Documents will only be accepted by email.

  3. Medallion license status & email notification.

    The medallion’s license status will no longer be active, and the status will be changed to “suspended.” You will not be allowed to operate the vehicle while the medallion is in storage.

Note: Due to the closure of all NYS DMV offices, please visit the NYS DMV website for instructions to surrender license plates by mail.

If you have any questions, please email us at