New York, the city that never sleeps, won't have to walk as transit and union officials reached a tentative agreement Monday to keep the subways and buses running.

The deal, reached after four days of negotiations, was announced at the Grand Hyatt Hotel in Manhattan, The Associated Press reported.

Representatives of the Metropolitan Transportation Authority and the Transport Workers Union Local 100 were negotiating since Friday.

"It gives me pleasure to announce to the entire citizenry of New York that we have a proposed agreement," said TWU local President Roger Toussaint, who last week had suggested that Mayor Michael Bloomberg "shut up." Toussaint said the union's executive board would recommend the pact's approval to its 34,000 members.

The three-year deal would include a $1,000 lump-sum payment to workers in the first year, with 3% raises in each of the next two years, Toussaint said.

"We think today marks a turning point in the relationship between the MTA and its unions," MTA Chairman Peter Kalikow said. "We have gone from confrontation to cooperation."