(Mark Your Calendars: RealShare Distressed Assets takes place Oct. 4-5 in Grapevine, TX. RealShare New York takes place Oct. 12 at the Marriott Marquis.)

NEW YORK CITY-The US District Court for the Southern District of New York found that project labor agreements between New York City and the Building and Construction Trades Council (BCTC), an umbrella organization of approximately 50 construction industry trade unions, do not violate the National Labor Relations Act 29 U.S.C. 151-169, according to an opinion and order from District Judge Robert P. Patterson, Jr. filed on Aug. 4. The project labor agreements, approved in November 2009 by Mayor Michael R. Bloomberg and BCTC president Gary La Barbera, affects $6 billion in infrastructure projects, including the construction of a new police academy and larger 911-call center, according to a prepared statement from the NYC Law Department.

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