Just down the street from Altice headquarters in LIC is Silvercup studios. This used to be the home of Silvercup Bakeries, once one of the largest bread producers in the US. It's long gone because of what happened in the 1970's.
On Christmas Day in 1974, members of the Teamsters demanded a 10% commission on bread delivered to non-union stores and supermarkets in 1975. However, given that the company already had an exclusive three-year contract with the New York City Board of Education prohibiting it from raising its contracted price (after the cost of bread had more than doubled following the sale of $750 million of American wheat, corn, and other grains to the Soviet Union), the worker’s demands could not be met.
Instead, the company countered with an offer of 2% to the union. Unwilling to accept this offer, the union went on strike, forcing the bakery to close permanently.