December 5, 2007. In this report FPI finds that construction of affordable housing in NYC is tainted by sub-standard jobs. There is a huge underground economy with rampant employment abuse and tax non-compliance. Workers, taxpayers and honest employers pay the price – $489 million in 2005 and are likely to reach $557 million in 2008 – as construction employment practices deteriorate in New York City. And 50,000 construction workers (one in four) are employed off the books or as so-called independent contractors – at substantial cost to themselves and to taxpayers in general. Press release and full report.
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December 5, 2007. In this report FPI finds that construction of affordable housing in NYC is tainted by sub-standard jobs. There is a huge underground economy with rampant employment abuse and tax non-compliance. Workers, taxpayers and honest employers pay the price – $489 million in 2005 and are likely to reach $557 million in 2008 – as construction employment practices deteriorate in New York City. And 50,000 construction workers (one in four) are employed off the books or as so-called independent contractors – at substantial cost to themselves and to taxpayers in general. Press release and full report.