New York Post
"We're trying to build more affordable housing. We're trying to provide more services to the elderly. A lot of those jobs, the economics don't work if you have to pay more," the mayor said.
Bronx Councilwoman Annabel Palma, a Democrat sponsoring the bill being introduced in the council today, defended it as a way to "help New York City residents out of poverty and toward financial self-sufficiency."
"Our law will require developers who receive major taxpayer-funded subsidies pay a living wage for the jobs they create," she said.
Council Speaker Christine Quinn, who will decide if the bill gets put to a vote, would not give her position yesterday. She also is contemplating a council proposal to require prevailing wages, which are set by the city comptroller, for work done in buildings that receive at least $10,000 in city subsidies.