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Paschal was the managing trustee of the NYC District Council of Carpenters Benefit Funds when it purchased and renovated the new headquarters building at 395 Hudson Street in NYC at a cost that exceeded $120 million despite a $73 million appraisal. The building is often referred to as Paschal's Palace. [3]
The infusion will raise the pension fund's status to more than 60% funded, up from 34.3% funded as of 2022, according to Tom Lutz, president of the Michigan Regional Council of Carpenters and ...
The first ULLICO scandal occurred in 2002. In June 1998, the New York City local of the carpenters union hired Zenith Administrators, a ULLICO subsidiary, to oversee the union's $1.7 billion pension and benefit funds. In 2002, federal prosecutors and DOL investigated the company for allegedly obtaining the contract through McCarron's influence.
Rev. ed. New York: The New Press, 2004. ISBN 1-56584-886-1; Johnson, Clyde. Organize or Die: Smash Boss Unionism - Build Union Power. Self-published, 1970. Johnson, Clyde. Millmen 550—A History of the Militant Years (1961–1966) of Local 550, United Brotherhood of Carpenters. Self-published, 1990. Kazin, Michael.
The N.Y.C. District Council of Carpenters maintains jurisdiction over carpentry, dock builder, timber man, millwright, floorcovering, specialty shops and exhibition work in the New York City area. As of 2015 the council oversees 7 member locals: 157, 740, 926, 45, 1556, 2287 and 2790.
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The Iron Workers soon found themselves at war with the AFL and, in particular, the United Brotherhood of Carpenters and Joiners of America. The Carpenters claimed that pile-driving work, which was done primarily by Iron Workers in many areas, belonged to them and convinced the Building Trades Department to go along with them.
After a period of time during 2009 - 2010, the International United Brotherhood of Carpenters decided to dissolve the local on December 14, 2010, and merge the members into Local Union 157, which currently covers the East Side of Manhattan. At a future date, another local may be created in Manhattan to take over the jurisdiction of Interior ...