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 […]