This dude is hard core – New York Daily News – Home – Cabbie’s 360G buys medallion & a dream
It cost him $360,000, but Mohammed Shah is glad to be in the driver’s seat. The Queens cabbie shelled out the record cash for a taxi medallion yesterday, mortgaging his East Elmhurst house and laying out a 10% down payment to finance the purchase at a city auction. “I work 50 hours a week,” the Bangladeshi immigrant said with a smile. “Maybe now I just work 40 hours. It’s nice to be your own driver.”
Shah came to the United States 23 years ago and is married, with two boys and a girl. His second son was born 10months ago. He worked in a restaurant until 1996, when he turned to driving a taxi. He already had achieved the American Dream of homeownership, and now he’s notched the cabbie New York Dream. “Now I own everything, a car and the medallion,” he said.
A big Sepia Mutiny BRAVO to you, Mr Shah.