Search Results for "421 a tax abatement"

Nov
2016
15

Housing Developers Finally Agree to Prevailing Wages as Condition of Tax Breaks in NYC

Housing Developers Finally Agree to Prevailing Wages as Condition of Tax Breaks in NYC
FEATURED, UNION HQ, WAGES
  Last Thursday, New York Gov. Andrew Cuomo (D) announced a deal with developers and union construction officials that could bring back a program designed to create affordable housing for everyday New Yorkers. The program, called 421-a, expired in January. After a failed effort to revive it in August, Gov. Cuomo brought the parties back...
Apr
2016
20

NY Gov. Cuomo Pledges Allegiance to Building Trades, Prevailing Wages in 421-a Fight

NY Gov. Cuomo Pledges Allegiance to Building Trades, Prevailing Wages in 421-a Fight
FEATURED, UNION HQ, WAGES
  Speaking at the North America’s Building Trades Union (NABTU) legislative conference, New York Governor Andrew Cuomo vowed to stand with union labor and reject legislation that is unfair to workers.  His speech, ahead of one given by the NABTU’s endorsed presidential candidate, Hillary Clinton, signalled his position on the...
Feb
2016
17

NY AFL-CIO Pres. Defends Building Trades: 421-a Fight is About “High Standards, Better Quality”

NY AFL-CIO Pres. Defends Building Trades: 421-a Fight is About
SAFETY, UNION HQ
  New York City’s controversial 421-a tax abatement program, which governs many affordable housing construction projects, was updated in the summer of 2015 with the understanding that the Real Estate Board of New York (REBNY) and the Greater New York Building and Construction Trades Council (BCTC) would settle on wage rates for the...
Jan
2016
4

Exposé Suggests Prevailing Wage Abuse at Buildings Benefiting from NYC’s 421-a Tax Break

Exposé Suggests Prevailing Wage Abuse at Buildings Benefiting from NYC's 421-a Tax Break
FEATURED, UNION HQ, WAGES
  A recent ProPublica piece on the 421-a tax abatement program in New York highlights some of the abuses workers face due to a lack of enforcement by the agencies charged with ensuring regulations are followed.  The controversial program is the city’s largest housing subsidy and has faced increased scrutiny since the state forced trade...
Dec
2015
11

Assembly Coalition Demands Minority, Female Contracting Goals for NYC Construction Tax Solution

Assembly Coalition Demands Minority, Female Contracting Goals for NYC Construction Tax Solution
LOCAL HIRE, UNION HQ, WOMEN
  As 421a tax abatement negotiations continue between the Real Estate Board of New York (REBNY) and the Building and Construction Trades Council (BCTC), a group of 23 state legislators are calling for an agreement to include requirements for the hiring of minority and female-owned businesses.  The group of politicians, made up of 20 members...
May
2015
11

NYC Mayor, Labor Want to Reform Tax Program that Hurts Wages, Stifles Affordable Housing

NYC Mayor, Labor Want to Reform Tax Program that Hurts Wages, Stifles Affordable Housing
FEATURED, UNION HQ, WAGES
  An alliance of labor unions and contractors calling themselves Up4NYC have begun a major push to overhaul the 421-a tax abatement program so that it can provide more affordable housing and guarantee higher wages for construction workers.  The launch of the lobbying campaign comes as the state legislature begins debate over tax abatement...
Apr
2013
26

Tax Incentive Tied to Prevailing Wages Being Abused in New York

Tax Incentive Tied to Prevailing Wages Being Abused in New York
WAGES
In New York, a little known tax abatement program gives developers tax breaks for setting aside 20 percent of new units for middle and lower income families. The popular program helps encourage development, promote equality, and provide quality jobs as employees at the buildings must be paid prevailing wage. Sounds like a win-win-win, unless of...
Jan
2016
19

Duh Blasio: Mayor’s Anti-Wage Stance Leads to Suspension of Affordable Housing Construction

Duh Blasio: Mayor's Anti-Wage Stance Leads to Suspension of Affordable Housing Construction
UNION HQ, WAGES, WALL STREET
  With no deal able to be reached between construction unions and the Real Estate Board of New York (REBNY), the controversial 421-a tax abatement program expired at midnight on Friday.  While a bill was passed to extend the program for a four-year period in June, it was dependent on the two groups reaching a [&hellip...
Sep
2015
24

NYC Construction Unions Rally for Abused Workers, Cite Need for Prevailing Wage

NYC Construction Unions Rally for Abused Workers, Cite Need for Prevailing Wage
TAKE ACTION!, UNION HQ, WAGES
  Over 100 unionized construction workers were joined by politicians, labor leaders, and members of community action groups in the Bronx to rally around workers who walked off an unsafe and abusive jobsite.  The workers were employed by subcontractor U.S. Crane and Rigging, one of nearly a dozen iron work firms owned by the Queens-based...
Jul
2015
20

Developers, Lobbyists Linked to de Blasio’s Anti-Prevailing Wage Efforts Have Scandalous History

Developers, Lobbyists Linked to de Blasio's Anti-Prevailing Wage Efforts Have Scandalous History
UNION HQ, WAGES
  The latest lobbying disclosure from the group Putting New Yorkers to Work shows that part of the $1.9 million used in their campaign to push for an extension of the 421-a tax abatement program came from developers who were involved in the federal corruption charges surrounding former Assembly Speaker Sheldon Silver and former Senate...
Jun
2015
5

Construction Workers Counter de Blasio’s Talking Points with Rally, Assemblymen Speeches

Construction Workers Counter de Blasio's Talking Points with Rally, Assemblymen Speeches
UNION HQ, WAGES
  With the 421-a tax abatement debate heating up Albany and the New York papers, hundreds of construction workers flooded East Capitol Park demanding lawmakers include prevailing wage provisions in any 421-a renewal.   Governor Andrew Cuomo and New York City Mayor Bill de Blasio are odds over the issue, with Cuomo supporting construction...
Jun
2015
2

Cuomo Jabs de Blasio Over Prevailing Wage Cuts for NYC Construction Workers

Cuomo Jabs de Blasio Over Prevailing Wage Cuts for NYC Construction Workers
WAGES
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