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$60 Million Transit Union Headquarters, SOLD


By

Jen Chung

Published Jun 11, 2006

Modified Mar 7, 2008


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By

Jen Chung

Published Jun 11, 2006

Modified Mar 7, 2008


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Wow. The Transport Workers Union's headquarters on West End Avenue was sold for $60 million. Back in April, it was reported that the headquarters were worth $39 million, but that there was a $60 million offer. And clearly, the TWU decided the cash out. One source tells the Post, "This amounts to yet another miscalculation on the part of the MTA and Governor Pataki. They thought they could bust this union, but we are now stronger than ever and we're ready to fight." It'll be interesting to see how the money is used, after paying the fine and getting new headquarters.

TWU vice president, John Mooney, who has tangled with TWU president Roger Toussaint, questions who the buyer is, and there's wider confusion about what will happens, as Toussaint only recently announced that union staff would have to get a 10% pay cut.

Tagged

governor

Governor Pataki

money

MTA

News: NYC

roger toussaint

The Transport Workers Union

Transport

Transport Workers Union

west end

West End Avenue


Jen Chung

Jen Chung is a former WNYC and Gothamist editor.

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Gothamist is funded by sponsors and member donations


Gothamist is funded by sponsors and member donations


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