Cuomo's new wage increase needs legislative approval, which could be challenging given the Republican - controlled State Senate. (gothamgazette.com)
Forward - looking data on new wage agreements also point to firm wages growth, and suggest some narrowing of the gap between public and private sector wage outcomes. (rba.gov.au)
The previous abatement, which offered relief from increased tax assessments on new construction, lapsed in January after the Real Estate Board of New York failed to reach an agreement with the Building and Construction Trades Council of Greater New York on including new wage floors for construction workers into the code. (observer.com)