Some movement on Kingsbridge Armory mall wage issue

NYHTC — December 10, 2009

A novel agreement in the negotiations to turn the Kingsbridge Armory into a shopping mall would call for the city to create a fund to subsidize the wages of employees. Both proponents and opponents of the living wage demand advanced by labor, community, religious, and political activists have voiced concerns about the agreement, and it remains to be finalized by the Bloomberg administration and the City Council. Some have argued that subsidizing jobs with taxpayer money provides an incentive to employers to pay less, not more, with the assumption that tax payers would pick up the tab.

Armory agreement angers conservatives, liberals. Crain's NY Business December 11, 2009.
This site may require registration.