Union workers riled over MTA chief’s pricey UWS condo

TRD New York /
Aug.August 12, 2010 09:30 AM

Jay Walder and his building at 65 West 95th Street

Metropolitan Transportation Authority Chairman Jay Walder is coming under fire for his real estate holdings by the transit workers union, which is riled over the agency’s service cuts and layoffs. Walder, who recently purchased a $1.6 million condo at 65 West 95th Street near Central Park for his family, also owns a country home in the South of France, the Daily News reported. Facing a $900 million loss in expected revenues since the fall, Walder has called for fare hikes and salary freezes in addition to layoffs. Members of the Transport Workers Union Local 100, who’ve already asked Walder to cut his $350,000 salary, are now planning a protest outside his Upper West Side apartment and have asked transit leaders in Paris to rally in solidarity outside Walder’s home in France. A native of the Rockaways, Walder previously worked as a transportation executive in London and as a partner at an international consulting firm, when he bought the stone country home near St. Antonin Noble Val for roughly $500,000. [NYDN]

 

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