Newsday from New York, New York on August 18, 1978 · 13
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Newsday from New York, New York · 13

New York, New York
Issue Date:
Friday, August 18, 1978
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f -J 1-4 Newspaper Talks Resume - New York— “Negotiations between striking pressmen find the ' publishers of three daily newspapers were to resume today though a federal 'mediator said that he had found neither side ready to make "any major concessions" The mediator Kenneth Moffett said he spoke with both sides yesterday after talks broke down Wednesday night revealing strains among the publishers The breakdown of the talks came after the pressmen’s union president William Kennedy announced that he had received a new offer from the publishers The New York Times confirmed that the offer had been made but the Daily News said it hadn’t been Either way Kennedy said he found the offer unsatisfactory As the three papers remained shuttered other publications were appearing on the sidewalks of New York The city’s first ‘'strike daily" the City News appeared yesterday It was pub-dhgra company that produces six community city weeklies At the same r Metro pub- editor of the Mark Stem Louis — an-v ity News app that produces reporters from the closed paj time two otter new papers — the tal listed by Frederick tewnsn a depu New York limes and the Daily ness published of Florida who ran strike papers in Detroit and nounced that they hoped to begin publication this weekend But: a fourth strike paper — the New York Obeerver backed and staffed by many of the same people who published the shortlived Trib earlier this year — abandoned efforts to publish without ever having printed an edition -' Beginning Sunday city-owned radio station WNYC-AM will revive what the station termed a "newspaper strike tradition' begun by Mayor Fiorello LaGuardia when he read the comics over the airwaves The station announced that it would broadcast columns reviews sports and entertainment inforznatiom Meanwhile at a meeting of the Allied Printing Trades Council an umbrella organiztion of city newspaper-unions Council President George E McDonald said "Wo want to let the publishers know that this Allied Printing Trade Council is not going to ait idly by and see a Washington Post or any similar situation take place in the City of New York1 The reference was to a prolonged and bitter strike by pressman at the Washington Post who were replaced by non-unionized help - Last night another newspaper union the paperhandlers set up picket fines at the News and the Times and announced that the) is city’s papers The first the machinists— who repair the newspaper equipment — voted to go an strike Wednesday McDonald also announced yesterday that the stereotypers and electricians un- -ions were considering strikes in support of the pressmen The 1600 striking pressmen walked off their jobs Aug 9 to protest work rules that management said would have reduced work forces in the pressrooms of the three dailies by about one-' third 1 ' : tries new city newspaper while passing picket line at Daily News - 1 1 Paper Never Hits Stands Combined News Services ’ New York — Just a day after it was first con- ceived the New York Observer is dead nipped in the bud by a publisher’s uncertainty about the length of the pressmen’s strike According to would-be executive editor Harry Welker the would-be publisher Raymond A Learey was not sure that the paper could gain a solid audience between its proposed Wednesday inauguration date and the time when the New York Post The New York Times and the Daily : News' would be back on the streets ' "It would have been a great financial venture” Welker said yesterday afternoon only 20 minutes - after- learning that the project had been dropped "We would have tea to use the duration to launch and establish on a solid ter sis If the strike was of a short duration we -could have found ourselves in trouble” Learey who experienced failure earlier this year with the short-lived Trib was unavailable for com-jment - The planners for the enterprise had acquired space on Fifth Avenue and ted alerted about 80 top newsmen from the three struck New York papers to be ready to go to work prior to the publication day next Wednesday A complete news staff of about 110 had been planned The assie- tant publisher and editor was to have been Leon-aid Andrews who was associate publisher of the New York Standard an interim paper published during the 114-day newspaper strike or 1962-63 The planners of the Observer had made negotiations for news agency service worldwide and had intended to have correspondents in major cities nationwide Asked about the format planned for the tabloid-sized publication and its general attitude Welker said: "It would have looked like a dehydrated Washington Post” Asked if the staff was looking for another pub--‘ lister Welker said he liked the idea but said it had not been discussed Board of Estimate Passes Five for Queens —Continued from Plage 5 fore it becomes part of the constitution In otter actions affecting Queens the Board of Estimate also approved a resolution allowing the city’s Division of Real Property to lease a lot at 132-05 Atlantic Ave Richmond Hill to the city’s Sanitation Department for use as a garage It granted the Division of Real Property permission to sell a lot at 145th Avenue and 233rd Street in Laurelton to anyone who would develop it for non-profit j recreational use The board approved a plan by the Breezy Point Cooperative Inc to construct two jetties near Broety Point on the Rockaway peninsula to prevent erosion of the beach A request by St John’s Episcopal Hospital m Rockaway to build an elevated footbridge between the hospital and -Brookhaven Beach Nursing Home across the street also was approved In another action the board autho rized the city to lease 53 acres to the Hunts Point Plaza Carp a private do-: velopment firm that plans to spend $15 million on the construction of a truck stop near the huge produce market in the Bronx The truck stop would take three yean to build and would include a motel a restaurant a bank and recreational facilities The lease would run for 35 yean with two options for renewal The rent would be begin at $U million - a year and rise to $23 million The board then authorized the may n't Office of Midtown Development to work out an arrangement with the state's Urban Development Corp and Portman Properties Inc an Atlanta hotel-planning firm to build a 2000-bed luxury hotel at 45th Street and Broad way The construction could start next year' Early in the meeting a represents tive of City Controller Harrison J Goldin announced that Goldin would support Bellamy’s Westway resolution That resolution while not specifically City Hopes to Sell Bonds Again Westwayaasorts the xlghtoftte Washington (AP) — New York City will try to re-enter the public lending market this fell marking its first at- -tempt at selling notes since it was forced to withdraw a city issue last November If successful "it will be our first time in the market since the winter of 1975" on aide to Philip Toia deputy mayor for Ansiice said yesterday m a telephone interview Word of the offering — $100 million in notes probably in November- rimrr aa the city worked on its four- -year $4A-billion refinancing plan and an $800-million short-term borrowing program Tte plan with the help of recently 1 approved loan guarantees from the federal government is aimed at solving fiscal problems that surfaced four yean ago pushing the citv near bankruptcy The public sale will be the first of three planned in quick succession as part of the city's short-term borrowing scud the Toia code who asked that his name not te-used’-ShauM the sales in Nuveuiberp January and February fail he said ma jor New York banks and pension funds will be asked to purchase the notes The city’s last attempt to move away from a federal bail-out and into the public market collapsed last November when Moody’s Investor Service gave a proposed $200-millioa note issue its lowest rating and the city was forced to withdraw ' The aide and others involved in dl finances said they thought the 1978 fering would fore better because of New York City’s highly publicized efforts to bring its budget and spending into balance and to refinance its $12-billun debt ell accomplished under federal and state supervision : Also likely to assist market confi- an extended Labor Day holiday without appropriating the money for the guarantees but the measure was scheduled for action on Sept 6 the day the congressmen return It also must be approved by the Senate - The city has been in trouble with lenders since late 1974 when then-Mayor Abraham D Beams began laying off civil servants to try to cut city expenses pn serve its credit' By Board of Estimate to maintain- control over them If it were to pass the resolution could force a legal showdown with Koch whose counsel ruled last month that the mayor has final say over Westway Bellamy and Goldin oppose construction of the $12 billion 45-mile highway The mayor supports it The resolution will be considered at the board’s next meeting on Sept 14 It “ i of the votes foiled to get three-quarters during Wednesday’s executive session spring of the following year the city the support it needed to be put it on yes rat alL In Decern- terday’s agenda However it needs only — "With the dence is congressional approval by wide margins last month of $165 billion in loan guarantees which will be used to secure New York bonds sold to city and' state pension funds The bill was signed by President Garter in a New -York recessed on Thursday for could raise no money her 1975 Congress authorized the U8 Treasury to make up to $23 milium in federal loans to the city Congressmen had hoped the initial bail-out would allow the city to put its books in order and re-enter the public lending market but the city was forced to return to the Senate and House for1 money again this Although the 8363 " term I financing dear majority next time' controller and four of five borough presidents indicating support it appeared assured of a nearing 1 Board members used a new voting lure yesterday instituted under a week Charter Review number of weighted votes in halt It year- — loan-guarantee r-- ram has some- visions jor-shorti th gmyorJhe controller and the m erafEonrowing its im is long-term to City Council president two votes etdn I lumping and the borough presidents one each 0 '5 T : i i - i u r I ? !

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