New York’s ‘scaffold’ law driving up costs; hurting economy: Report
(The Center Square) — New York’s “scaffold law” is driving up insurance costs and draining billions of dollars from the state’s economy, according to a new trade industry report, which is renewing calls for reform.
TL;DR
- New York's "scaffold law" from 1885 imposes absolute liability on property owners and contractors for construction site injuries.
- Insurance costs in New York are 200%-500% higher than in other states due to this law.
- The law drives up costs for housing, schools, and infrastructure and has led to significant fraud from staged accident suits.
- Construction worker fatality rates in New York exceed the national average, suggesting the law does not improve safety.
- Reforming the law could save billions on projects like Penn Station redevelopment and the 2nd Ave subway, freeing up funds for economic growth and affordable housing.
- Calls for reform urge lawmakers to address the law's impact on the state's economy and affordability.