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ECONOMIC BENEFITS

N.Y.U. Supporters Tout Economic Benefits of Expansion

P1000217Elizabeth Ferrara Gary LaBarbera, president of the Building and Construction Trades Council said the plan would create much-needed construction jobs.

In the first rally of its kind, advocates of N.Y.U.’s controversial expansion gathered yesterday at City Hall calling on Borough President Scott M. Stringer to approve the plan.

About 35 people, business owners, union leaders, and construction workers among them, attended the roughly 15-minute gathering in support of the university’s proposal that would add four new buildings south of Washington Square Park.

“We’re here today asking Borough President Stringer to recognize that N.Y.U.’s growth strategy is an essential part of securing the financial future of small businesses in Greenwich Village,” said Tony Juliano, president of the local Greenwich Village-Chelsea Chamber of Commerce, which represents around 200 businesses in surrounding neighborhoods.

It was clear that the approval for the plan dubbed N.Y.U. 2031 is getting down to crunch time. The event amounted to a formal endorsement from the Building and Construction Trades Council, which is led by the influential Gary LaBarbera.
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