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Take Back
The Residential
Market
In New York!
Over the next five years, residential construction
in the outer boroughs of New York City will
surpass commercial construction in Manhattan.
UNION BROTHERS AND SISTERS: oughs but our percentage of market share has not grown with it; our
DO YOU WANT THIS WORK? current share of this lucrative business is minimal. This has to
SHOULDN’T IT BE OURS? change. Carpenters working in our jurisdiction for $7/hour have
Together, we were responsible for winning command of the com- taken our work and, to make matters worse, this has negatively
mercial construction market in New York City. Union carpenters influenced our commercial agreements. This can not continue. We
created stability and security for our members who, today, enjoy need to regain our market. WE NEED TO FIGHT BACK.
industry-leading wages, excellent benefits and safe working condi- To address this decline in market share, we have established a
tions. Our union has stabilized this impressive business while secur- Market Recovery Initiative. We own the commercial construction
ing union members’ futures. market. Let’s get to work and win (back) the residential market, too.
Unfortunately, though, we have not had as much success in the
residential market, a market that, historically union, now consists of THE MARKET RECOVERY INITIATIVE
primarily non-union construction. This change began with our com- Our union’s Market Recovery Initiative is a market-sensitive agree-
petitors underbidding and winning work on 2-story residential ment that gives our signatory contractors the ability to compete with-
structures and now includes 12-story, 200 + apartment complexes. in the residential sector. The Market Recovery Rate only applies to
The residential market has grown exponentially in the outer bor- residential construction under 12 stories in the Bronx, Brooklyn,
Staten Island, Queens and Manhattan, north of 110th Street. This
new residential rate will give all of us more employment opportuni-
ties, will take back our jurisdiction and will keep all carpentry work
organized throughout our entire jurisdiction.
A MATTER OF CHOICE
Every union carpenter can choose to work at this new rate, for a
union employer, within the residential sector. As our market share
increases in the residential sector, more and more union members
will have employment opportunities, but no one is obligated to work
under this new agreement, the exception being new members that
join the carpenters union through the Market Recovery program.
These members must work on Market Recovery jobs for 10,000
hours before they can work on non-market-recovery jobs.
APPRENTICE RATES
A first year apprentice working in residential construction under this
new rate will receive 40% of journey level rate, just as he or she
would under a commercial contract. A second year apprentice will
receive 50%, a third year apprentice will receive 65% and a fourth
year apprentice will receive 80% of the journey level wage. It is
important to note, however, that every union apprentice, regardless
of his or her tenure, will receive the same benefit package of
$17.90/hour on residential projects.
ANNUITY FUND
Union carpenters working under the Market Recovery Rate will not
have any contributions made on their behalves to their annuity funds.