UAW’s King to take union resort off market

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UAW’s King takes north Michigan resort off market
Louis Aguilar | The Detroit News
Aug. 18, 2010

The United Auto Workers has put a hold on trying to sell its $33 million Black Lake retreat in northern Michigan.

The Walter and May Reuther Family Education Center was taken off the market at the request of UAW President Bob King and the union's new executive board, said John Karver, a senior vice president at CB Richard Ellis, the real estate firm handling the listing.

The request to take the property, on 1,000 heavily forested acres near Onaway, off the market came around the time of the mid-June election of King and the new board, Karver said.

“I understand it’s simply a matter of the new board reviewing previous policy decisions,” Karver said.

There has been interest by more than one potential buyer, he said. The property had no listing price, Karver said.

It’s not clear when or what the new UAW leaders may decide about the property, Karver said. UAW officials did not return calls and e-mails for this report.

Several UAW local presidents and other leaders say the national board has not made an official statement about the property’s fate.

“For a while there, we were hearing it was really going to go,” said Stan Marshall, a former UAW national vice president who now oversees retiree issues for Region 1A in Michigan. “But that seems to be downplayed. Now there continue to be scheduled events up there” for UAW members.

Marshall said he is aware of a UAW retiree meeting scheduled for late September.

In January, the UAW cited the recession and shrinking membership as reasons it was seeking a buyer. The resort has long been a symbol of the union's success. But it lost an estimated $23 million in the past five years, and the UAW was forced to borrow to keep it afloat, according to filings with the U.S. Department of Labor.

Read more @ The Detroit News.

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