STATEMENT FROM BOROUGH PRESIDENT DIAZ

Re: City Council Hearings on the “Fair Wages for New Yorkers” Act

“I’m pleased that City Council Speaker Christine Quinn has committed to host hearings on the ‘Fair Wages for New Yorkers’ Act, which already has the support of more than half of the City Council. Our bill will require developers who receive heavy taxpayer subsidies for their projects to provide a ‘living wage.’  It is time for New York City to join the growing list of communities that promote quality development through living wages. It is my hope that these hearings will lead to a vote on this important legislation, and that we can begin to change the way we do business in our City,” said Bronx Borough President Ruben Diaz Jr.

The “Fair Wages for New Yorkers” Act, which was introduced by Council Members Annabel Palma and G. Oliver Koppell at the behest of Borough President Diaz, currently has 29 sponsors in the City Council.