REBNY, LaBarbera clash over 421a and union wages Building Trades boss says developers are profiting off the backs of underpaid workers
The boss of the trade group representing New York City s major unions berated developers Monday for what he said was their unwillingness to make small sacrifices on profits in order to fairly compensate construction workers.
“Nobody is doing their building in this city out of the goodness of their heart,” Gary LaBarbera, president of the Building Construction Trades Council of Greater New York, said on a panel at the Sheraton Hotel in Midtown hosted by Crain’s New York Business “We don’t count anybody’s money. God bless them, the more money they can make, it’s all wel上海千花网交友 l and good. But when it’s on the backs of workers who are underpaid and exploited, that’s unacceptable.”
John Banks, president of the Real Estate Board of New York, which represents many of these developers, was on the panel and clashed repeatedly with LaBarbera. The two continued the debate over 421a, the now-defunct program which granted subsidies to developers who offer affordable units in new buildings. Ron Moelis of L M Development Partners, Vicki Been, commissioner of the NYC Housing Preservation and Development and Hugh Kelly, of Real Estate Economics, also served as panelists.
An agreement to renew 421a will require REBNY and Building Trades to agree on wage requirements for construction workers at 421a sites. Gov. Andrew Cuomo has said he won’t sign a bill related to[……]