New York City Construction Workers On City-Subsidized Projects Could Get Pay Boost - Council Legislation Would Establish ‘Prevailing Wage’ Standard
Crystal Lewis at The Chief Leader reports Real Estate Developers in New York City would be required to pay Prevailing Wages to Construction Workers employed on City projects that have large public subsidies, according to legislation being pushed by Members of the City Council. The Fair Share Act would establish a Prevailing Wage requirement - salary and benefits equal to those paid in the locality to Workers in the same Trade or occupation - on projects receiving more than $1 million in funding from the City or a City-affiliated Economic Development Entity. Construction spending across the City is expected to reach $87 billion in 2023, while government investment in construction will total an estimated $23.6 billion this year, according to the New York Building Congress.
To Read This Labor News Story In Its Entirety, Go To: Construction workers on city-subsidized projects could get pay boost - The Chief (thechiefleader.com)


























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