New York, NY – An agreement is being finalized that would freeze labor rates at Jacob K. Javits Convention Center through next year, sources told Trade Show Executive.
Management at the New York City facility declined comment. However, an announcement is expected by Friday and TSE will provide full details.
It was not revealed whether the agreement involved a new labor contract, if it would cover all or only some of the unions involved in trade shows at Javits, and if any changes would be made to the center’s work rules.
The move to lower costs to trade show organizers and exhibitors at Javits Center comes a month after the State of New York gave the green light to a plan to renovate the facility and add 40,000 square feet of exhibit space. Javits Center offers 760,000 net square feet of exhibit space and is ranked No. 16 in TSE’s directory of the World’s Top Convention Centers.
The decision to stabilize labor rates will be a welcome move. Organizers with shows at the center must also contend with high prices for hotels, food and beverage and other expenses that add to the total cost burden born by exhibitors and attendees.
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