Union-friendly bill could slow affordable housing [View all]
Crowley. (William Alatriste/NYC Council)
http://www.capitalnewyork.com/article/city-hall/2015/04/8566197/union-friendly-bill-could-slow-affordable-housing
By Ryan Hutchins 5:56 a.m. | Apr. 17, 2015
Legislation introduced in the City Council on Thursday would require a prevailing wage be paid on many construction projects that receive public benefits, potentially slowing affordable housing development across the boroughs.
Passage of the measure would hand labor unions and worker-rights advocates an enormous win. Many builders across the city would be forced to hire a union workforce, or at least meet the requirements set by the city comptrollers office for prevailing wage.
Its a really good bill, said Councilwoman Elizabeth Crowley, who introduced the legislation. Its going to go a long ways in making sure people working on construction sites make a fair wage.
But such a law could also deliver a blow to developers of low-cost apartments and could prove troublesome to Mayor Bill de Blasios ambitious housing plan, which aims to produce 80,000 new affordable units within a decade.
FULL story at link.