New York City Building Workers Union Reaches Tentative Agreement to Avert Strike
The union representing over 34,000 New York City residential building workers, including doormen, supers, and porters, has reached a tentative agreement with the Realty Advisory Board, averting a potential strike. The agreement, reached on Friday, includes a new four-year contract that provides a $4.50 hourly wage increase, a 15% increase in pensions, and fully paid healthcare benefits without premium sharing. The union, 32BJ, had authorized a strike earlier in the week, which would have affected over a million New Yorkers across thousands of buildings. The Realty Advisory Board, representing building owners, managed to negotiate terms that address economic challenges such as potential rent freezes and rising operational costs.