From the Daily News:
Under a bill introduced Wednesday in the City Council by Oliver Koppell (D-Bronx) and Annabel Palma (D-Bronx), developers and others who benefit from city subsidies for their property deals will have to pay a living wage for the ensuing jobs that are created.
The bill would accomplish by law what community activists and members of the Bronx Council delegation have been trying to impose - for the first time ever in the city - on the Related Companies, the city-chosen developer of the long-vacant Bronx armory.
Backers of the new bill say its passage would avoid future fights like the Kingsbridge Armory battle by making a living wage a citywide mandate rather than targeting one developer as a test case.
A living wage is defined as $10 an hour plus benefits or $11.50 without benefits, as compared to the minimum wage of $7.25.
Those pushing for a living wage, as part of a community benefits agreement with the developer, argued Related was getting "a sweetheart deal" from the city - including $14 million in various tax breaks and exemptions, plus a bargain $5 million purchase price for the city-owned armory.
Such taxpayer-funded largesse should be conditioned on creating more than just marginal-income jobs in the state's poorest borough, according to Bronx officials.
But aides to Mayor Bloomberg and representatives of the Related Companies said a mandated living wage would kill the mall project because potential retail tenants would balk at paying salaries higher than regional competitors.