Talks had not yet commenced today when the interview took place, and the spokesman said that he would have a better idea about the direction--and fruitfulness--of the talks later today. In the meantime, he confessed that he was "not optimistic."
Primary sticking points in the ongoing negotiations with the RAB are salary, the maintenance of various health-care programs and the need for more security training.
In a previous statement, union president Mike Fishman noted that, "The residential real estate industry is holding up well despite New York City's shaky economy. Property-value increases far surpass inflation.
The original strike deadline was this past Sunday, April 20, but union officials postponed the date to avoid the Easter and Passover holidays. It's estimated that some one million apartment dwellers will be affected if the union walks.
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John Salustri
John Salustri has covered the commercial real estate industry for nearly 25 years. He was the founding editor of GlobeSt.com, and is a four-time recipient of the Excellence in Journalism award from the National Association of Real Estate Editors.
