BUSINESS BRIEFS: Consigli Expands, Prepare for New OT Rule, a Jab at Healey

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Milford-Based Consigli Expands in NY-NJ

Consigli Building Group, Inc. and Lendlease, today announced they have agreed to terms under which Consigli will acquire Lendlease’s New York and New Jersey construction operations, which includes employees and projects that are associated with approximately 45 current, under contract and pre-construction projects.

Lendlease is a globally integrated real estate group headquartered in Sydney, Australia. Established in 1979, the Lendlease New York office is one of the leading providers of construction services in the New York metropolitan area with leading expertise in healthcare, life sciences, residential and mixed-use. As the builder of many iconic NYC projects, including the National September 11 Memorial & Museum (shown above), Central Park Tower, Columbia University, Jacob K. Javits Convention Center Expansion and the American Museum of Natural History, Lendlease provides extensive knowledge and capabilities as well as a diverse portfolio in the greater New York market.

NFIB Webinar on New Overtime Rule Effective July 1, 2024

the U.S. Department of Labor has issued a new federal overtime rule that is set to take effect July 1, 2024. Under the new rule, employees who make less than $43,888 on July 1, and then $58,656 on January 1, 2025, will be eligible for overtime pay. The rule applies to the Fair Labor Standards Act’s white collar “executive, administrative and professional” exemptions. The so-called EAP exemptions determine which employees are exempt from overtime-pay requirements under federal law when they work more than 40 hours in a week. In this webinar, NFIB’s Small Business Legal Center attorneys Beth Milito and Rob Smith will explain the new requirements and what employers need to do to ensure compliance on July 1, 2024. Presented by: Elizabeth Milito, Executive Director, NFIB Small Business Legal Center; Rob Smith, Senior Attorney, NFIB Legal Center; Holly Wade, Executive Director, NFIB Research Center. To RSVP, click here.

Ouch! Mass. Fiscal Hits Guv on Junket

The Massachusetts Fiscal Alliance made the following statement last week, as news broke that Governor Maura Healey’s latest junket to Italy and Rome, cost the taxpayers a whopping $30,263. The Healey Administration has not made the receipts public. Governor Healey’s Climate Chief, Melissa Hoffer, along with other staff, also jetted off to Rome to join the Governor in their taxpayer funded, high emissions, European junket.

“Everyone would like an all expenses paid trip to Rome, but just because you are the Governor or the Climate Chief, doesn’t mean you should use taxpayer money to do it. If receipts are not provided to the public, the junket should be on their personal dime, or paid for by the Healey campaign war chest. For two people who want the citizens of the Commonwealth to drastically raise their costs of living and lower their standards of living in the name of emissions reductions, jet-setting to Europe, spewing out tons of carbon emissions, racking up expensive hotel lodging, European meals, and who knows what else, all seems very hypocritical and inappropriate. This is especially true in the age of Zoom, where teleconferencing has made speaking to people across the globe so easy. The Healey administration just announced a ‘hiring freeze’ last month and is looking to enact a series of tax hike proposals to help plug holes in the state budget. It’s a bad look,” stated Paul Diego Craney, spokesman for the Massachusetts Fiscal Alliance.