Settlement
Because of the great strain on New York's economy, with $7 million lost per performance for New York businesses (taxis, restaurants, and hotels), Mayor Michael Bloomberg intervened and invited Bill Moriarity, president of Local 802, and Jed Bernstein, president of the League of American Theaters and Producers, to meet at Gracie Mansion on the night of March 10, 2003 to continue negotiations. Bloomberg also appointed Frank J. Macchiarola, chairman of the Districting Commission, as mediator.
After all-night negotiations, parties agreed to reduce minimum requirements for musicians from 24-26 to 18-19, which would stay in effect for the next 10 years. Mayor Bloomberg announced that the unions had reached a settlement and Broadway was "no longer dark" the morning of March 11, 2003.
Read more about this topic: 2003 Broadway Musicians Strike
Famous quotes containing the word settlement:
“The difficult and risky task of meeting and mastering the new—whether it be the settlement of new lands or the initiation of new ways of life—is not undertaken by the vanguard of society but by its rear. It is the misfits, failures, fugitives, outcasts and their like who are among the first to grapple with the new.”
—Eric Hoffer (1902–1983)
“[The Settlement House] must be grounded in a philosophy whose foundation is on the solidarity of the human race, a philosophy which will not waver when the race happens to be represented by a drunken woman or an idiot boy.”
—Jane Addams (1860–1935)
“A Settlement is above all a place for enthusiasms, a spot to which those who have a passion for the equalization of human joys and opportunities are early attracted.”
—Jane Addams (1860–1935)