- Meera Joshi has been appointed to the Board of Directors of Marblegate Capital Corporation (OTCQX: MGTE).
- Joshi brings extensive transportation policy expertise, having held leadership roles such as First Deputy Mayor for Operations and CEO/Chair of NYC Taxi and Limousine Commission.
- Marblegate Capital positions itself as a leading player in the NYC taxi market, known for its innovative MRP+ medallion debt relief program.
New York, April 23, 2025 – Marblegate Capital Corporation (OTCQX: MGTE), a publicly traded company known for its key role in the New York City (NYC) taxi market, has announced the appointment of Meera Joshi to its Board of Directors. Joshi, who previously held significant positions such as the First Deputy Mayor for Operations and CEO/Chair of the NYC Taxi and Limousine Commission, brings her vast experience in transportation policy and driver advocacy to the board.
During her tenure at the NYC Taxi and Limousine Commission from 2014 to 2019, Joshi was instrumental in establishing open transportation data standards, implementing the first for-hire driver pay protection program, and enhancing wheelchair-accessible transportation services. Her leadership experience extends to her role as Administrator of the USDOT's Federal Motor Carrier Safety Administration, demonstrating her deep understanding of complex transportation systems.
Marblegate Capital, positioned as the largest publicly traded, vertically integrated fleet operator and specialty finance lender in the NYC taxi market, continues to drive transformative change within the industry. Notably, the company played a pivotal role in initiating the NYC MRP+ medallion debt relief program, which addresses predatory lending practices and offers financial relief to affected taxi drivers.
Joshi joins an experienced board alongside Directors Harvey Golub, Andrew Milgram, Sarah Feinberg, and Frederick Herbst. The team is focused on advancing Marblegate's mission to institutionalize and innovate the NYC taxi industry, leveraging Marblegate Asset Management's extensive industry expertise.
About Marblegate Capital Corporation: Marblegate Capital Corporation (OTCQX: MGTE) specializes in owning, financing, and operating NYC taxi medallions. As a leading lender and operator in the market, the company emphasizes a driver-first approach and is committed to fostering positive industry change. Marblegate Asset Management, the external manager of Marblegate Capital Corporation, implements a hands-on approach to transform complex business situations and deliver sustainable results.
