Will 32BJ SEIU NYC residential building workers strike before May?
Will 32BJ SEIU NYC residential building workers strike before May?
$90,700 vol
Order book
No
Market Rules
The outcome is No
If 32BJ SEIU NYC residential building workers covered by the Realty Advisory Board on Labor Relations (RAB) residential contract begin a labor strike before May 1, 2026, then the market resolves to Yes. Sources from 32BJ SEIU, SEIU, Realty Advisory Board on Labor Relations, The New York Times, AP, Bloomberg, Reuters, Financial Times, The Wall Street Journal, The Guardian, BBC, CNN, Fox Business, and CNBC.
For "strike" markets, a coordinated work stoppage where members of the group collectively refuse to perform their regular work duties constitutes a strike. The strike must involve actual work stoppage (not merely a strike authorization vote or strike notice), and it is enough for only a part of the group to strike.
The following WOULD resolve a "strike" market to Yes:
- The group begins a partial or full strike
- Any local/chapter of the group begins a strike (unless the contract requires "all" or "majority")
- The group begins rotating strikes where different members strike on different days
- The group begins an indefinite strike
- The group begins a limited-duration strike (even if only one day)
- Sick-outs, if described as a strike by a Source Agency, including the group
The following would NOT resolve a "strike" market to Yes:
- Work-to-rule or slowdowns
- Lockouts by employers
- Individual members refusing to work (not coordinated)
- Strike authorization votes without actual strikes
- Filing of strike notices without actual strikes
- Lunch-hour protests or actions outside work hours
- Sympathy actions that don't involve the group members stopping work
- Strikes that begin after April 30, 2026
Timeline and payout
Market openApr 8, 2026 · 8:00pm EDT
Market closedAfter the outcome occurs
Paid out30 minutes after closing
SeriesKXRBWSTRIKE
EventKXRBWSTRIKE-26
MarketKXRBWSTRIKE-26-MAY01
Insider trading is prohibited
The following are prohibited from trading this contract:
- Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
- Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.
About
With their contract deadline approaching, 32BJ SEIU residential building workers have threatened to strike as they push to preserve their Legal Services Fund, an employer-funded benefit that provides immigration-related legal support to members, and as contract talks with the Realty Advisory Board continue without a deal. A walkout could affect tens of thousands of workers and thousands of residential buildings across New York City.