NEW YORK — New York City crane operators have averted a strike after negotiations went down to the wire.
Louis Coletti of the Building Trade Employers Association says two unions representing crane operators, excavators and maintenance engineers agreed on a new contract late Thursday, less than two hours before their contracts expired.
Work could have been halted at World Trade Center sites and a new basketball arena in Brooklyn.
The New York Building Congress said a strike would have threatened $10 billion in unionized construction projects. The trade association says construction spending is down 25 percent from its 2008 peak and a strike would have come at the wrong time.
Details of the agreements were not immediately released.
Operating Engineers Locals 14 and 15 did not return calls for comment.
Friday, July 1, 2011