The Related Companies has won wage-cutting agreements with four dozen construction unions in its efforts to save money on the $15 billion development of Hudson Yards. The developer got the groups to agree to cut wages and benefit packages by 10% to ensure they would be commissioned to work on the project, expected to go on for a decade. About 13 million sf of construction is planned for the 26-acre site, which would account for about 39 million hours of work.
Click here to read more. +
Related Stories
Codes and Standards | Jun 15, 2020
Workers want policy changes before they return to offices
More office cleaning, work from home opportunities, and staying home when sick among the desired adjustments.
Codes and Standards | Jun 12, 2020
Carbon emission legislation prompts commercial real estate to innovate
Mass timber, augmented reality, and modular construction among the trends.
Codes and Standards | Jun 11, 2020
USGBC offers new pilot credit to address green cleaning and COVID-19
Provides guidance on cleaning and disinfecting buildings using green cleaning best practices.
Codes and Standards | Jun 10, 2020
AIA issues tools for reducing risk of COVID-19 transmission in buildings
Tailored strategies offered for offices, retailers, schools, and senior living facilities.
Codes and Standards | Jun 8, 2020
OSHA construction safety inspections fall 84% during COVID-19 pandemic
Agency focuses on preventing disease transmission in healthcare industry.
Codes and Standards | Jun 8, 2020
5 must reads for the AEC industry today: June 8, 2020
Frank Lloyd Wright sites set to reopen and construction jobs rise by 464,000.
Codes and Standards | Jun 8, 2020
Reopened offices raise liability risk for businesses and owners
Risks may not be covered by property insurance.
Codes and Standards | Jun 4, 2020
American Wood Council updates report on fire resistance of wood members and assemblies
Provides new examples and background on mass timber calculations.
Codes and Standards | Jun 3, 2020
Virginia makes GCs liable for subs employee wages
New law allows workers to sue GCs for wages in class action.
Codes and Standards | Jun 2, 2020
Designers, owners reinventing restaurants to cope with COVID-19
Options include rearranged seating, mobile ordering, designated flow spaces.