An Open Letter to All New Yorkers on the Potential Death of Economic Development in New York State

By Don't Block NY Building | June 4, 2019


 

 

We are members of a coalition of nearly 50 organizations that represent thousands of employers and millions of New York jobs, and we are deeply concerned about New York’s economic climate and performance.

Many areas of New York, especially Upstate, desperately need to replace private sector jobs lost in the Great Recession.

Even Downstate, with its strong regional economy, needs more jobs, more affordable housing, and expanded community services.

Private sector investments are key to addressing these statewide needs. Unfortunately, the state legislature is considering a bill that would make these crucial investments more expensive by imposing significant wage and benefit mandates on private projects receiving any level of state or local economic development assistance.

The state’s “prevailing wage” mandate, now restricted to governmental projects, will drive up labor costs by 25 percent or more on these private sector investments.

The recent loss of the Amazon HQ2 project has left many businesses questioning New York’s commitment to promoting new investment and job creation.

The last thing that New York’s economy needs is legislation that will drive up the costs of new private sector investments – and drive many of those planned investments out of New York State.

Visit dontlbocknybuilding.org to help stop this unnecessary, job killing proposal, and to promote new private sector investments and new jobs across New York State.

 

 

Business Council of New York State

Real Estate Board of New York

Associated Builders and Contractors – Empire

State Chapter

American Council of Engineering Companies of NY

American Institute of Architects, New York State

Associated General Contractors – New York State

Association for a Better Long Island

Buffalo Niagara Partnership

Business Council of Westchester

Capital Region Builders & Remodelers Association

Capital Region Chamber

Center State CEO

Commerce Chenango

Cortland County Chamber of Commerce

Food Industry Alliance of New York State

Greater Binghamton Chamber of Commerce

Habitat for Humanity NY

Home Builders & Remodelers of Central New York

Hudson Valley Economic Development Corporation

Hudson Valley Gateway Chamber of Commerce

Long Island Association

Long Island Builders Institute

Mohawk Valley EDGE

NFIB

New York State Association for Affordable Housing

New York State Hospitality & Tourism Association

North Country Chamber of Commerce

Northeast Charter Schools Network

Northeastern Subcontractors Association

NYS Builders Association

NYS Economic Development Council

Rochester Home Builders’ Association

Rockland Business Association

Seneca County Chamber of Commerce

Ulster County Regional Chamber of Commerce

Unshackle Upstate

Westchester County Association

Wyoming County Chamber of Commerce