In today’s Crain’s New York Business, Manhattan Chamber of Commerce President Nancy Ploeger and Building Trades Employers’ Association CEO Lou Colletti call for reform of the burdensome Scaffold Law.
As highlighted in your online article “Obscure law drives up building costs,” this regulation imposes tremendous costs on the construction industry and makes job sites significantly less safe.
The cost of insuring construction projects in New York City is the nation’s highest by a factor of hundreds of percent, and many insurers have left the market entirely. More than $750 million in taxpayer money is wasted each year, and the costs to the private sector are double that. Every single construction project—office buildings, affordable housing, schools, bridges, highways, subway lines—costs significantly more because of the scaffold law.