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Archives for 2014

'Right-to-Work' Legislation Targets Mandatory Union Fees

December 29, 2014 by mcarristo

A Republican state senator from Albuquerque has introduced “right-to-work” legislation that would prohibit private-sector employees from being required to join a union or pay union fees as a condition of employment.

The proposal, which was widely expected after Republicans won control of the state House earlier this year, is intended to make New Mexico more appealing to companies considering relocating their business to the state, said the sponsor, Sen. Sander Rue, R-Albuquerque.

“When you talk to the folks who go out and try to pitch New Mexico to out-of-state companies, they come back and tell us there are several obstacles to getting those folks to operate here,” Rue said. “… When they come back and tell us that we don’t stay in the hunt for these out-of-state businesses to come to New Mexico in a large part because of our (lack of) right-to-work laws, then we need to do something to change it.”

New Mexico currently allows unions to require all employees covered by a contract to either be members – whether they want to or not – or pay union fees.

Senate Majority Leader Michael Sanchez, D-Belen, said this month that he would oppose right-to-work legislation in New Mexico, saying the policy has not yielded the promised economic gains in states that have implemented right-to-work laws. Sanchez did not return calls for comment Monday.

Senate Majority Whip Michael Padilla, D-Albuquerque, said Democrats would oppose Rue’s bill. He cited data compiled by the liberal nonprofit Economic Policy Institute in 2012 that showed right-to-work states on average at higher unemployment rates, lower median wages and fewer benefits for workers.

“This is not an economic detriment, as evidenced by the numbers,” Padilla said of current New Mexico law that allows employers and unions to agree to mandate union participation.

However, right-to-work supporters such as the conservative nonprofit Rio Grande Foundation in New Mexico cite data showing right-to-work states average faster job growth, higher per capita income and faster population growth.

Excluding Colorado, all of New Mexico’s neighboring states have enacted right-to-work laws.

Rue’s proposal

The proposal would not apply to public employees unions such as local branches of the American Federation of State, County and Municipal Employees and the American Federation of Teachers.

A small percentage of New Mexico’s workforce is affiliated with private-sector unions that would be affected by the law, but Rue said his proposal is focused on the message to employers considering relocating to the state.

Rue said that although he objects to the New Mexico public employees unions’ practice of requiring nonmembers to pay the unions “fair share” fees to cover contract negotiation expenses, he opted to exclude the public sector unions to focus on the economic-development potential.

“This isn’t about going after the unions for me,” he said.

Rue said he had not discussed the proposal with Republican Gov. Susana Martinez, who has voiced support for such legislation.

Martinez spokesman Michael Lonergan said the governor “supports allowing workers to decide for themselves whether to join a union or financially contribute to one, and does not believe anyone should be forced to join a union or contribute to one as a condition of employment.”

Payroll deductions

While Rue’s proposed right-to-work bill doesn’t affect public sector unions, those unions are the target of a second legislative proposal that would end the state’s practice of deducting public union dues or fees from state employees’ paychecks on behalf of the union.

The change would force the public employees unions to collect their own dues and fees directly from state workers.

“There might be a lot of folks that are having this money taken out of their checks and they’re really frustrated about it, but they have no choice,” Rue said. “For the state to be a party to that sort of thing and to provide that service to the unions is absolutely wrong.”

Other states such as Wisconsin that have prohibited union fee withdrawal from state paychecks have seen union membership and voluntary dues payments decline.

Martinez earlier this year said she supported efforts to end the state’s practice of withdrawing union fees from state workers.

Rue also said he believes the practice of withdrawing fees and paying them to public employees unions violates a clause of the state constitution that prohibits government from donating to private interests, in this case the service of collecting dues.

Padilla, the Senate Democratic whip, said he is against the proposal.

Carter Bundy, political director for the New Mexico branch of the American Federation of State, County and Municipal Employees union, said payroll deductions are common in both the public and private sector.

He said the change is politically motivated to limit public employees’ unions in the state.

“I think he (Rue) knows darn well, and the administration knows, that this is a political attack that has nothing to do with the law or helping the economy,” Bundy said.

By: James Monteleone (Albuquerque Journal)

Click here to view source article.

Filed Under: All News

December 2014 Commercial Market Trends

December 29, 2014 by mcarristo

View a New Mexico Market Trends Summary Report, which includes December 2014 Commercial Market Trends. This report includes total number of listings, asking lease rates, asking sales prices, days on the market and total square feet available.

Disclaimer: All statistics have been gathered from user-loaded listings and user-reported transactions. We have not verified accuracy and make no guarantees. By using the information, the user acknowledges that the data may contain errors or other nonconformities. Brokers should diligently and independently verify the specifics of the information you are using.

Filed Under: Market Trends

2014 Commercial Real Estate Projects

December 29, 2014 by mcarristo

It was an active year in Albuquerque area commercial real estate, even as the city continued to emerge from the recession.
Perhaps the most significant commercial project of 2014 was the completion of the $93 million, 15-month long Paseo del Norte/I-25 interchange revamp. In fact, the project was recognized by NAIOP-New Mexico, the state’s commercial real estate development association, as the one that had the most impact on the state’s built environment and economy. Click on the accompanying photo gallery to see more images of some of the year’s biggest commercial real estate projects and the people behind them.

The health care industry continued to be a big driver of commercial activity. A cornerstone of the massive 80-acre Las Estancias development in Albuquerque’s South Valley was completed — a 52,000-square-foot, 88-bed, skilled nursing/assisted living facility.
Presbyterian Healthcare Services moved into its new massive Presbyterian Rev. Hugh Cooper Administrative Center headquarters near Balloon Fiesta Park, and Molina Healthcare of New Mexico announced it would eventually be moving up to 650 workers to Plaza Compana in Downtown Albuquerque.
Meanwhile, in Rio Rancho, the Presbyterian Rust Medical Center and its $80 million expansion continued to have far-reaching affects in the Unser Gateway, with ancillary health care projects popping up. And The Neighborhood at Rio Ranco broke ground for what will be a $50 million LifeCare Community at the Loma Colorado development.
Meanwhile, the retail sector continued to build momentum. Southwest Capital Bank was recognized for its new west Downtown/Country Club corridor bank with amenities that also made it a desirable destination for private events. Dave & Buster’s opened at Winrock Town Center to eager crowds, and Coronado Center landed perhaps one of its biggest tenants ever in international apparel company H&M.
Retail and investment brokers at all the major firms — CBRE New Mexico, Colliers International and NAI Maestas and Ward— were busy with big transactions such as shopping center buys and sells as well as new tenants large and small. The smaller boutique firms were active too — the partners at Allen Sigmon Real Estate Group are opening one of the city’s newest hotels and have done significant projects inside and outside the city. Sperry Van Ness/Walt Arnold Commercial Brokerage had a very active year in investments and transactions and new firm Western States Retail & Investment hit the ground running with a slew of high-profile transactions this year.
By: Damon Scott (Albuquerque Business First)
Click here to view source article.

Filed Under: All News

2015 CARNM Dues – Renew to Avoid Interruption to Services

December 29, 2014 by mcarristo

CARNM online bill payment is no longer available.  CARNM 2015 membership dues can be emailed, faxed or mailed to the CARNM office. Updated invoices were mailed on Friday, January 2, 2015. If CIE fees are not received in full by Friday, January 9, 2015, CIE services will be suspended.
Email: admin@carnm.realtor | Fax: 877-568-1632 | Mail: 6739 Academy Rd NE, Albuquerque, NM 87109
Click here to view the letter from our CARNM President, Tom Franchini, which was mailed on 11/12/14.
Click here to read about the CARNM Benefits that come along with your membership.
Click here to read about the benefits of investing in RPAC. Click here to login to RANM and invest in RPAC.
 

Filed Under: All News

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