
From Crains:
The fate of the [living wage] bill is largely in the hands of Ms. Quinn, who must decide whether to let it come to a vote. Thirty of her fellow council members have signed on to support the measure, which Mayor Michael Bloomberg has promised to veto. Thirty-four votes would be needed to override his veto.
Opponents of the measure are promising a fight. They've advertised in local newspapers and a dozen plan to testify at the council hearing. “It's no surprise that the same union which helped kill 2,000 good jobs at the Kingsbridge Armory is back on the bandwagon now,” said a spokesman for a coalition of business groups that oppose the bill.
The opponents say it would make it impossible to develop retail projects in the outer boroughs. An insider at one firm that bid for the first phase of the Willets Point redevelopment said the project “would be unleaseable,” and therefore unbuildable, if the living-wage ordinance passes.
“Any project that has a large retail component will not be able to get over the burden with national retailers,” the insider said.
Living wage was mandated by the City Council as part of the Willets Point project. So which nimrod firm bid on a project they don't think is feasible? Mike Meyers, is that you?














