Barely three months after the state Legislature approved a $2.3 billion package of tax and fee hikes to bail out the financially troubled Metropolitan Transportation Authority (MTA), members of the MTA's largest union have been awarded a pay increase that will break the authority's tenuously balanced budget. Read More
Research
As the state-run Metropolitan Transportation Authority launched negotiations with the Transport Workers Union last year for a new three-year labor agreement, one of the authority's biggest goals was to win the right to run "one-person trains" -- that Read More
And speaking of the MTA-TWU arbitration, Read More
Adjusting for inflation, the 11.3 percent pay hike awarded by an arbitration panel to Local 100 of the Transport Workers' Union (TWU) this week appears to be the transit workers' biggest score since the disastrously generous contract settlement that Read More
AUTHOR’S NOTE: PLEASE SEE BELOW FOR IMPORTANT CORRECTIONS TO THIS POST IN BOLD.In May, after months of turmoil, Albany agreed to a new package of taxes for the state-run Metropolitan Transportation Aut Read More
As we've said (repeatedly), the new labor contract betwen the Metropolitan Transportation Authority and the Transport Workers Union, decided by a panel of state arbitrators yesterday, is an outrageous giveaway. But just as outrageous was the s Read More
AUTHOR'S NOTE: PLEASE SEE BELOW FOR IMPORTANT CORRECTIONS TO THIS POST IN BOLD. In May, after months of turmoil, Albany agreed to a new package of taxes for the state-run Metropolitan Transportation Authority (MT Read More
Nicole has on the generous contract arbitration award to transit workers. Her lead sums it up nicely: THE MTA just managed to give away the store in the new Transport Workers Union contract -- and they couldn't have done it without Read More
PolitickerNY that the State Senate, which must approve Gov. Paterson's pick for MTA chief, Jay Walder, will hold hearings this fall that focus on Walder's reputed pay package. Walder's package, in addition to nearly half-million annually in salary Read More
UPDATE: My WOR radio interview on this topic with John Gambling is . A labor arbitration panel is prepared to award raises of nearly 12 percent over the next three years to Metropolitan Transportation Authority (MTA) employees represented by Loca Read More
Generations of young (mostly male) Americans have schooled themselves in basic auto mechanics, saving thousands of dollars in the bargain, by teasing years of service out of high-mileage cars given up for dead by their previous owners. For that guy Read More
"New York recently paid almost $50 million to private stock managers to actively invest part of the state's massive public pension fund, and they lost more than $1 billion, a worse performance than stocks that were essen Read More