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Related Companies reaches agreement with Labor Union

Clash threatened the second phase of the Hudson Yards project

BCTC President Garty Labarbera (Credit: WSJ)

The Related Companies and the Building and Construction Trades Council (BCTC) have agreed on a framework of a deal that temporarily ends their bitter feud, according to a press release sent out on Wednesday. For the past year, the labor group has boycotted the Hudson Yards project, threatening the prospects of its second phase.

Be Smart: The developer used union construction workers exclusively to build the first part of Hudson Yards, but sought to use some nonunion workers for phase two. This framework appears to grant Related the freedom to hire less expensive, nonunion workers for lower-skill jobs such as site clean-up. 

Worth Noting: Hudson Yards is scheduled to formally open on March 15.

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