Late last month, Gov. Andrew Cuomo made it clear that he cares more about political connections than empowering workers in New York. This should be deeply concerning for taxpayers and for those who want to create more middle-class jobs throughout the state.
BNYC believes strongly that it is time for the governor to intervene and draft an extension proposal for the vitally needed 412-a program.
BuildingNYC, a coalition of 12 “merit-based” developers and contractors, is partnering with the Associated Builders and Contractors, a national federation of nonunion companies whose members provide training in the trades.
Key program to produce affordable housing is losing out to myopic and selfish pleading by organized labor
The Real Deal: Just kidding: IBO corrects its 421a report, says prevailing wage requirement would actually cost city $4.2B
From The Real Deal:
The Independent Budget Office says it botched a recent report on affordable housing by drastically underestimating the impact of requiring prevailing wages on projects benefiting from the 421a property tax break.
Such a union-friendly requirement would cost the city an additional $4.2 billion in financing to keep up with Mayor Bill […]
IBO rechecks its data and says the added burden is a whopping 23%
Using union labor to build affordable housing under the mayor’s ambitious program will be almost twice as costly as previously estimated.
The bottom line: 23% more, or $4.2 billion, which works out to $80,000 per unit.
In January, the […]
BuildingNYC is an association that represents those workers doing the majority of the building in NYC today, especially affordable housing. Comprised of a diverse workforce from across all sectors of the NYC construction industry, we seek to protect and advocate for the right to work in a safe, fair and equitable environment that promotes continued job growth and economic success.
Even five years ago, it was unimaginable that a developer would defy the city’s powerful construction unions, led by Gary LaBarbera, and try to build a complicated Manhattan building without relying entirely on his members.
This analysis demonstrates that there is no evidence to suggest that non-union construction sites are less safe than union sites, rather the opposite. The reason is that both union and non-union developers are committed to worker safety and that all construction sites are subject to the same New York City, State, and Federal safety standards.