(New York Times) — With a strike deadline looming, contract negotiations between the owners of apartment buildings and the union that represents doormen and other workers have been complicated by very different views on whether the city’s economy has turned a corner.
Building owners, represented by the Realty Advisory Board on Labor Relations, say that stubbornly high unemployment rates show that the devastation has not passed, and that they must hold down costs after a five-year period in which rent collections decreased and operating costs increased by 27 percent.