BRONX APARTMENT WORKERS WIN NEW CONTRACT THAT RAISES WAGES, PROTECTS FAMILY HEALTHCARE

Bronx, NY – March 15, 2011 – (RealEstateRama) — 32BJ and the Bronx Realty Advisory Board (BRAB) reached a tentative four-year agreement this evening for more than 3,000 apartment building workers that provides annual wage increases while maintaining employer-paid family health care and secured pension benefits. The agreement narrowly averted a strike, which would have affected 250,000 Bronx residents throughout the borough including Riverdale and the South Bronx.