A coalition of union and community groups, lead by Metallic Lathers and Reinforcing Ironworkers Local 46, a BALCONY member, has requested our help on an important issue.
Acadia Realty Trust was given $20 million in public subsidies and City-owned land in order to build the City Point project in downtown Brooklyn. But Acadia has turned its back on workers and our community by refusing to pay fair wages and benefits. We can't allow public funds to be used to actually drive down wages and benefits. After taking public money and using public land for this development project, Acadia has an obligation to hire only responsible contractors who will pay construction workers decent wages and benefits.
A coalition of unions and community groups - the Coalition for a Better Brooklyn - has come together to oppose Acadia's irresponsible actions. They've asked Acadia to disclose wages and benefits being paid on the City Point Project, but, so far, Acadia has refused. Many elected officials - including Assemblymembers Nick Perry and Eric Adams, State Senator Velmanette Montgomery, and City Councilmembers Letitia James and Brad Lander - support the coalition's efforts and are actively seeking legislative remedies to this problem.
More than 300 people attended a December rally outside City Point, demanding fair wages and benefits where several local politicians and community leaders spoke.
Please help the Coalition today by signing their online petition directed at Acadia's CEO, Ken Bernstein; more than 500 people have already signed.
You can find the petition here.
Sign today and spread the word. You can also "like" the coalition on facebook and sign up for their twitter feed.
Your support is key in this effort.
- Lou Gordon, BALCONY Director
NYC's Subsidies for City Point Don't Add Up
Acadia Realty Trust is building City Point in downtown Brooklyn on city-owed land with more than $20 million in public subsidies. At the same time, Acadia refuses to ensure that construction workers have decent wages and benefits on this project.
Acadia: don't take our tax dollars and turn your back on New York City.Go to http://chg.ge/X5yT2i and tell Acadia CEO Ken Bernstein that enough is enough!
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BALCONY New York
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Lou Gordon, Director
BALCONY, THE BUSINESS AND LABOR COALITION OF NEW YORK
Alan Lubin, Co-Chair Labor
Robert M. Hayes, Co-Chair Business, Sr. VP, Universal American Corp.
Catherine M. Abate, Co-Chair Non-Profit, President/CEO, Community HealthCare Network
Anthony Potenza, Executive Director, New York Labor Health Care Alliance
Anita Kartalopoulos, Partner, Milberg LLP
Cynthia D. DiBartolo, Tigress Financial Partners
Mark Jaffe, BALCONY Treasurer; President, Greater New York Chamber of Commerce
Bruce Ventimiglia, Saratoga Capital Management
BALCONY Support Team
Lou Gordon, BALCONY Director
Richard Winsten, Counsel, MSEK
Stuart Marques, BALCONY Writer
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