Booklaw made a cultural reference I had to google:
There are, of course, other ticking time bombs awaiting the new mayor. One of the biggest is the numerous city employee union contracts which have yet to be renewed.
Basically, these contracts have not been renewed, and most unions have chosen to work without any COLAs since their expiration because fighting Bloomberg is a bad idea (see recent school bus driver strike).
However, once the contracts are renewed by the new mayor, the COLAs will be retroactive. This will cause a huge budget impact, resulting in greater taxes or a deficit.
As a result of being collectively annoyed, the unions are doing something that hasn't been seen in quite sometime: They are getting along with each other, and forming a block that just might influence who our new mayor becomes ...as opposed to being a mere irritant.
However, I hope they aren't expecting too much from whomever they choose. ....the business community has gotten used to "good treatment" (aka low taxes) under Bloomberg, and aren't going to simply give in because there is a new mayor.
For better or worse, the change on Nostrand is going to make the change on Franklin look minor.