This article is about capital costs, not labor costs.
>One point construction experts are making, however, is that taxpayers are paying premiums for these public projects since they aren’t being done open shop. The Empire Center report calculated that the government ends up paying 25 percent more for public projects in New York City because of the high prevailing wages.
This is the cost no one wants to talk about.
Good! Living in NYC costs more than living just about anywhere in the USA. Well over 25% more than where I live, a top 50 metro.
>One point construction experts are making, however, is that taxpayers are paying premiums for these public projects since they aren’t being done open shop. The Empire Center report calculated that the government ends up paying 25 percent more for public projects in New York City because of the high prevailing wages. This is the cost no one wants to talk about.
Good! Living in NYC costs more than living just about anywhere in the USA. Well over 25% more than where I live, a top 50 metro.