MAY THIS SEASON BRING PEACE, JOY & SUCCESS IN THE YEAR AHEAD


We wish you all a happy and healthy holiday season! - Your BTEA Northeast Team

2024 ANNUAL REVIEW


As we approach the close of 2024, we would like to express our gratitude for your partnership in making this a productive year for our family of associations and the union construction industry. We encourage you to take a moment to reflect on our shared accomplishments. As always, please reach out with suggestions or if you would like to get more involved.


And now, on to 2025!

2024 ANNUAL REVIEW

2025 EDUCATION & TRAININGS

Winter & Spring 2025 Trainings are LIVE!


We are pleased to share the first half of our 2025 trainings are now available for registration on our website. With many new course instructors and topics, we anticipate trainings to fill up quickly, so we encourage you to register soon.

TRAINING BOOKLET
Troy Aichele

January 8 | 8:00 AM

Contracts, Claims, Documentation

This workshop is designed for all PMs and Assistant PMs looking to understand the key contractual concerns and best practices in project documentation to protect themselves and their organizations from change orders and claims. 


Newton Marriott

REGISTER

January 23 | 8:00 AM

Scaling Up

In Stephane McShane's opinion, the keys to scaling up your business, or department, are attracting and retaining the right people, creating a truly differentiated strategy, directing flawless execution, and keeping cash reserves to weather the storm. Join this session to learn more about four critical areas of operation — namely people, strategy, execution, and cash.


Westin Waltham

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MEMBER NEWS & EVENTS

December 19 | 9:00 AM

Join Us in Support of Everett Mayor Carlo DeMaria

Please join the Boston Building Trades and our local union Business Managers, including Chris Brennan, Bob Butler and Vinny Coyle, in support of Everett Mayor Carlo DeMaria. As part of the event, Mayor DeMaria will review many key projects coming to Everett in the short term.


Event Location: JATC Greater Boston, 194 Freeport Street, 3rd Floor, Boston, MA 02122

Contributions* can be made payable to "DeMaria Committee"

*Contributions are capped at $1,000.

January 15 | 12:30 PM

BTEA Women's Group Holiday Luncheon

Please join the BTEA Women’s Group for our annual holiday luncheon. Network with peers, while we recap 2024 and share more about what’s ahead in 2025.

We do encourage you to come with ideas for future events or speakers.

REGISTER

400+ Holiday CarePacks Delivered

On November 16, members joined us for the CarePacks holiday-themed packing event. The final count: 404 boxes that have been shipped to our deployed servicemen and women for the holidays. A special thank you to Rick Donohue and the entire CarePacks team for leading this special initiative.

NEWS

MA Employers Brace for Salary Range Law

In 2025, MA will become one of 12 states to enact legislation mandating pay transparency in an effort to advance workplace equity. Large businesses will need to submit wage data to the state in February 2025, and public and private employers with 25 or more workers will need to start disclosing pay ranges in job postings come October 2025. Read More

OSHA To Require Well-Fitting Construction Gear in New Rule

Effective January 2025, OSHA has updated its construction rule to add a requirement that employers provide PPE such as gloves, high-visibility vests, goggles, fall protection harnesses, and helmets that “properly fit” the worker. This is an evolution of its current requirement to ensure equipment provided "properly fits". Many have noted that "properly fits" is a vague requirement and we are monitoring all further developments on this. Read More

MA Development Names New CEO

MassDevelopment has named Navjeet Bal, a former MA revenue commissioner, as its next chief executive. Bal will replace Dan Rivera, who resigned abruptly from the quasi-public real estate and economic development agency this spring. Read More

As Labs, Office Struggle, Massport Open to Renegotiating Ground Leases

Massport is sounding out landlords who ground-lease its properties about modifying terms, reflecting the difficult commercial real estate climate in Boston. “We’ve got some parcels that are sitting empty and our partners are working hard to lease those, but there is a lot of competition in Boston right now for those assets,” Massport Chief Development Officer Andrew Hargens said at its board of directors meeting.  Read More

Proposals & Projects We're Watching

Renderings Revealed for Dana Farber & BIDMC New Cancer Hospital


The 300-bed inpatient hospital features a state-of-the-art patient-centric design, is committed to expanding access, and promotes health equity for the community. 


Read More

Lee Kennedy Awarded Squantum Street School in Quincy


The new Squantum School will feature a two-story design incorporating the historic building while adding approximately 30,000 square feet of interior space over the existing structure.


Read More

$160.5M Bond to Accelerate Biomedical Science Research at URI


The general obligation bond will provide $87.5M for the construction of a biomedical sciences building at URI and $73M for renovations at RIC creating the Institute for Cybersecurity and Emerging Technologies.


Read More

GOVERNMENT AFFAIRS

House Vote Sends Boston Tax Bill to Senate

The state House of Representatives approved the city of Boston’s request to temporarily reconfigure the way it splits property taxes between commercial and residential taxpayers. The deal will see Boston commercial tax rates rise slightly, but not as much nor for as long as Wu had originally sought. The city will also spend several million dollars to help small retailers facing higher rent payments under triple-net leases that pass property tax costs on to tenants. Read More


DLS Off-Site Fabrication and Prevailing Wage Listening Session

In consideration of starting the public review process regarding the potential applicability of Prevailing Wage to off-site fabrication, DLS will hold a virtual informal listening session on January 16, 2025, from 10am-12pm. This listening session will focus on the nature and scope of the question that DLS should address in a possible future opinion letter. A link to this listening session will be posted on DLS’ website once we are closer to the date and we will also share with any members interested.


Economic Bill Packs Tens of Millions in Earmarks for Boston Development Projects

The economic development bill signed by the Governor earlier this month is a windfall for developers. The item in the bill that has garnered the most attention is permit extension language: essentially allowing any project approval between Jan. 1, 2023, and the end of this year to get another two years of life on top of the official expiration date. But the bill also packs in tens of millions of dollars’ worth of earmarks for specific developments — and that’s just in Boston.  Read More


Boston Seeks to Eliminate Confusing Design Reviews

In an attempt to eliminate confusing and unpredictable reviews of developments that can delay groundbreakings, Boston officials are set to approve a new process for approval. The draft Design Vision report is scheduled for discussion at the December meeting of the BPDA's board of directors. Read More


Vocational Admissions Debate Getting Heated

As State officials move closer to considering changes to admission policies governing vocational high schools, including potentially requiring the use of a blind lottery system to award seats, the temperature of the debate is getting turned up. At issue is big disparities in school enrollment of lower-income students, English learners, special needs students, and students of color. Under state regulations adopted in 2003, the schools had been using selective admission criteria that considered applicants’ middle school grades, attendance and discipline record, and a recommendation in awarding seats. Read More

FAST FACTS

  • BHP expects the world to consume an extra 1 million metric tons of copper per year on average until 2035 due to the adoption of copper-intensive technologies, double the annual volume growth in the past 15 years.
  • The average multifamily vacancy rate is expected to end 2025 at 4.9% and average annual rent growth at 2.6%. 
  • Compensation costs were up 0.8% from June - September 2024 and up 3.9% over the year ending September 2024.
  • Payroll employment was essentially unchanged in October (+12,000); jobless rate holds at 4.1%.
  • Productivity increased 2.2% in Q3 2024; unit labor costs increased 1.9%.
  • Employers report spending $2.6 million in injury and illness cases in 2023, down 8.4% from 2022.
  • Holiday spending is on track to grow 3.9% this year to $989B.

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