Skip to Content
Author: The BCW

Leave a Comment

Stop Prevailing Wage Legislation in Albany

Save Jobs in Westchester County
Protect New Investment in Our Communities
Stop Prevailing Wage Legislation in Albany!

Westchester’s urban centers are in the midst of a renaissance. New residential projects are transforming Yonkers, New Rochelle, Mount Vernon and White Plains, bringing new residents, new jobs and new opportunities. But proposed Prevailing Wage legislation in Albany would radically increase the cost of private construction projects and could bring all of this to a crashing halt!

Westchester County’s most prominent developers have joined with The Business Council of Westchester and other leading business organizations to strongly oppose state legislation to require the payment of Prevailing Wages on any private construction project receiving any form of state funding support. The Westchester Coalition to Save Smart Development has been formed to speak with a unified voice against the legislation and protect private investment in our communities.

Simply put, imposing Prevailing Wage would drastically inflate the cost of construction projects and deal a crippling blow to private development in Westchester, particularly in our urban centers that for the first time in decades are enjoying a significant revival. Major projects will not go forward, resulting in billions of dollars of lost investment, jobs and residential opportunities.

Prevailing Wage is not Minimum Wage. Rather, it is the term used for wage rates applied to government “public work” projects such as highway, bridge and tunnel construction. Applying this to private construction projects would add a minimum of 30 percent to overall project costs. For example, a laborer would be paid $100 per hour and employee benefits would be covered 100% by the developer.

We can’t afford to make New York any less competitive. Join us in support of job creation, community investment and economic development by saying NO to Prevailing Wage Legislation. Contact your New York State Legislators today.

Want to learn more? Email John Ravitz at JRavitz@thebcw.org with any questions or comments.

“Prevailing Wage would be catastrophic to job creation and economic development in Westchester County, particularly in our urban downtowns, which have made so much progress over the past few years. The effects of Prevailing Wage would be devastating and immediate. Our local governments have worked so hard to strengthen their communities. This would bring it all to a screeching halt.”
– Marsha Gordon, President and CEO of The Business Council of Westchester

Similar News Items

Just two days after the Westchester County Board of Legislators voted unanimously to appoint Deputy County Executive Ken Jenkins as County Executive, he received some very good news Wednesday with the announcement that Westchester County continues to demonstrate its strong fiscal management and economic stability, earning a AAA bond rating from S&P Global Ratings. According […]

Read Article

BCW Westchester Innovation Network (WIN) participant ShelterZoom recently announced a partnership with the United Nations International Computing Centre (UNICC) to develop a customized secure-document tracking solution for the global organization. ShelterZoom’s groundbreaking Document GPS technology will become part of the UN’s major digital upgrade, bringing tokenization technology to one of the largest and most complex […]

Read Article

Monroe University (www.monroeu.edu), with campuses in New York and Saint Lucia, and the University of Shkodra “Luigj Gurakuqi” (www.unishk.edu.al) in Shkoder, Albania, today announced an MOU designed to facilitate academic and cultural exchange opportunities for students at both institutions. Monroe University, founded in 1933, serves a diverse student body of more than 9,000 students across […]

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

JOIN NOW!
The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with businesses representatives in the Westchester community and beyond.
Back to top