Co-Op City Rent Strike Ends After Settlement
An agreement ends a 13 month $25 million rent strike at Co-op City Bronx the nations largest housing cooperative Gov Hugh L Carey announced the plan which delays a 25 percent maintenance inflation increase for six months The strike committee will deliver at least 15 1 million of held rents to the state and residents win board elections while foreclosures are halted for now
MENTIONED IN THIS ARTICLE
New York
Bronx
Co-op City
Hugh L. Carey
Consolidated Edison Co
Tax-exempt status loss hits Teamsters Central States Pension
The IRS revoked tax-exempt status of the Teamsters Central States Pension Fund for alleged mismanagement and imprudent loans. If upheld, the fund would owe taxes back to 1965, reducing benefits and forcing higher employer contributions or lower payouts. More than 400,000 members are enrolled. the fund is run by 16 trustees, eight from trucking interests and eight from the union led by Frank Fitzsimmons.
MENTIONED IN THIS ARTICLE
Robert A. Dobkin
Washington (Ap
Teamsters Union
William G. McIntyre
Trucking Employers, Inc
McIntyre
Internal Revenue Service
Teamsters
Central States Pension Fund
IRS
McIntyre’s
Central States Fund
Union
Frank E. Fitzsimmons
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