Crane collapse in Manhattan kills four
Many residents of the neighborhood around the site of the collapse — 51st Street between Second and First Avenues—said they had been worried for months about the possibility of a collapse.
A crane towering over a high-rise construction site on the East Side of Manhattan collapsed Saturday afternoon across a city block. According to the New York Times ,
At least four people were killed and more than a dozen others were injured, and damage was expected to run into the millions of dollars in what the authorities called one of the city’s worst accidents.
Many residents of the neighborhood around the site of the collapse — 51st Street between Second and First Avenues—said they had been worried for months about the possibility of a collapse, calling the crane, looming higher each week, a menace, particularly because so many residential buildings were being put up in the area with remarkable speed: several floors a week at times.
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2012 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.