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New bill calls for fair pay at Brooklyn's new projects.


City Councilman Robert Jackson Robert Jackson may refer to:
  • Two Cleveland Browns players:
  • Robert E. Jackson (football player), (b. 1953)
  • Robert L. Jackson (football player), (b.
 (D-Manhattan) has introduced legislation requiring developers to pay building service workers prevailing wages A prevailing wage is the median wage paid to workers in a specified locality. Scope
Prevailing wage may include both wages and benefits. It incompasses the compensation for a worker given for performed labor.
 at newly constructed residential buildings in Greenpoint/ Williamsburg in order to receive millions of dollars in 421-a property tax exemptions tax exemption, immunity from the requirement of paying taxes. Federal, state, and usually local law provide exemption from taxation for a wide variety of organizations, usually not-for-profit, such as churches, colleges, universities, health care providers, various . The bill, Intro 605, has 27 co-sponsors.

Developers will likely receive more than $200 million in property tax exemptions for development of more than 10,000 new housing units in Greenpoint/Williamsburg, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 a report by The Pratt Institute Pratt Institute, at Brooklyn, N.Y.; coeducational; chartered and opened 1887. Founded by Charles Pratt as a school for practical training, it now offers general and professional studies, including programs in fine arts, art education, art history, library and  Center for Community and Economic Development. The first of several possible City Council hearings on the City's proposed re-zoning of Greenpoint/Williamsburg, which could pave the way for the development of more than 180 blocks covering 400 acres, is scheduled for Monday, April 4

"The bill aims to ensure that Brooklyn workers and communities, as well as developers, benefit from the proposed Greenpoint/Williamsburg development," said Mike Fishman, Local 32BJ president. "By requiring developers, who stand to receive hundreds of millions of dollars in tax-breaks, to pay prevailing wages guarantees the development will be fair, equitable and sustainable."

The rezoning of Greenpoint/ Williamsburg, as proposed by the New York City Department of City Planning The Department of City Planning is a governmental agency of New York City responsible for setting the framework of city's physical and socioeconomic planning. The department is responsible for land use and environmental review, preparing plans and policies, and providing , will likely facilitate the development of 10,000 new units of housing in the next 10 years--most of them market-rate units near the East River waterfront. As a result, some 500 building service worker jobs will likely be created--the type of jobs that are sorely needed to begin recouping the dramatic loss of manufacturing jobs in Greenpoint/Williamsburg.

"The Greenpoint/Williamsburg project marks the advent of a new era of development with long-term implications for workers, communities and local business," said Councilman Jackson. "The bill seeks to responsibly manage this new wave of high-rise residential development by sharing the wealth among all New Yorkers without limiting the scope or slowing the pace of development."

Raising wages by as much as 30% to the currently prevailing wage rate of $18.57 an hour and providing health care coverage would benefit building service workers, local stores and businesses and the City's tax base. Furthermore, the pay hike would minimize the costly drain on the City's social services social services
Noun, pl

welfare services provided by local authorities or a state agency for people with particular social needs

social services nplservicios mpl sociales 
 by reducing dependency on income supplements.
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Title Annotation:getting a property tax exemption needs developers to pay prevailing wages to workers, Robert Jackson proposes a bill
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1U2NY
Date:Apr 6, 2005
Words:362
Previous Article:CBRE deal wins award.
Next Article:College commits to 118,000 s/f at One Hudson Sq.(Metropolitan College signs lease contract with Trinity Real Estate)
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