PLA's Approved: $7.54 Off A Rate B12A
525 West 52nd St: 14 Story and 22 Story, 450,000 SF, 80% Market Rate, 20 % Affordable Housing, Approximately 200,000 Man Hours
225 East 39th St: 36 Story, 380,000 SF, 80% Market Rate, 20% Affordable Housing, Approximately 130,000 Man Hours
138 East 50th St: 50 Story, 257,000 SF, Hotel, Approximately 115,000 Man Hours
$4.00 Off A Rate B12A
53 West 53rd St: 70 Story, 728,000 SF, Residential, Approximately 235,000 Man Hours
The recommendation of the Executive Committee was to approve the following Project Labor Agreements and to amend the future Manhattan Residential/Hospitality PLA's addendums to reflect a $4.00 deduction going forward from the current $7.54 deduction.
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