Waste and corruption in government spending are nothing new, but it’s still alarming to hear about supposedly small projects becoming much more expensive and time-consuming than seems reasonable. A playground bathroom recently completed in Brooklyn cost $2 million to build and was finished seven years late, for example. Lax management is one problem; the cost of construction in New York City—with its prevailing-wage rules—is another.
The Facts You Need to Know
Labor: Prevailing-wage laws, meant to encourage union hiring, result in 25% higher construction costs in NYC. Read more.
Cost: The cost of construction for new libraries in New York City is $930 per square foot, double the cost of building office space. Read more.
Slow: Forty-three Parks Department projects have been stalled for more than five years. Read more.
“I’m frustrated that we are essentially wasting taxpayer money. You can build a complete house in six months for $1 million dollars.”
The Past is Present
“Anyone who’s ever tried to plaster two bricks together in New York has horror stories about the city’s Building Department.”
Urban Planning & Smart Infrastructure Panel
Moderated by Nicole Gelinas
Manhattan Institute senior fellow
and City Journal contributing editor
July 13, 2017 | New York, NY
And in other news...
“Mayor de Blasio’s controversial Renewal Schools program for troubled public schools is working — but it costs more than Mayor Michael Bloomberg’s old method of hitting them with an ‘F,’ a new report says.”