That money was used to buy the FOP’s soon-to-be-new home, a former IRS building, for about $2 million, he said.
The union is investing $7 million to turn the property into a state-of-the-art facility that will include offices, a gym, a catering hall and a restaurant, all of which will be open to cops and their families.
“We’re financing it through Firstrust Bank,” McNesby said. “We have a mortgage, just like everybody else.”
The new headquarters is expected to open in December.
“Most of our members are from this area,” McNesby said. “This is a good fit for everyone, and it’s a great investment for the future.”
The union had long considered moving from Spring Garden Street. “It was the right time to sell,” McNesby said. n
Contact David Gambacorta at 215-854-5995, firstname.lastname@example.org or on Twitter @dgambacorta.