Monthly Archives: February 2016

//February

Observer: Amid Spike in Deaths and Spat With Labor, Nonunion Builders Launch Training 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.

February 29th, 2016|Categories: Better Building, Diversity, Latest News, Non-Union Projects, Site Safety|

Crain’s: What killed 421-a? Old-fashioned protectionism

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 […]

February 10th, 2016|Categories: Better Building, Latest News, Non-Union Projects, Union Pay|

Crains: Union labor for construction is far more expensive than originally estimated

From Crain’s New York Business:

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 […]