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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.
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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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