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As a result, their value rose tremendously. Every cab in New York City has to have a medallion. And the city strictly limits the number â currently just over 13,000. So as New York has prospered over the past few decades, the price of medallions has gone through the roof.The maximum amount a cab leased out to drivers can earn over a year is $82,524.acob Goldstein has a similar theory. Every cab in New York City has to have a medallion. And the city strictly limits the number â currently just over 13,000. So as New York has prospered over the past few decades, the price of medallions has gone through the roof.
While the typical New York City hot dog costs about the same ($2) at every street cart, the fees charged to vendors can vary wildly. Some pushcart owners fork over just a few thousand a year, while others pay the city more than $200,000 just to park their carts in the right spots.