FEDERAL JUDGE APPROVES NEW WALL & CEILING CONTRACT

New York, NY – May 9, 2013 – (RealEstateRama) — Federal District Court Judge Richard M. Berman today issued a decision and order approving a new five-year collective bargaining agreement (CBA) that provides a 16.6% wage and benefit increase for members over the life of the contract. Following the April ratification of the agreement by the District Council’s Delegate Body, Judge Berman’s consent was the last step needed before the contract could go into effect.