City Council Speaker Christine Quinn backs living-wage compromise
New York City Council Speaker Christine Quinn could be throwing her support behind a living-wage compromise deal.
The bill would mean higher wages only for employees working for developers who get city tax breaks, not retail tenants at their projects, according to Crain’s New York Business.
The deal would require a mandatory increase in minimum wage, bringing it from $7.25 to $10 per hour, with benefits, for employees at city-subsidized companies.
Quinn has been notoriously mum on the subject of living wage legislation, a controversial issue that Mayor Michael Bloomberg has said could claim thousands of jobs.
Quinn is expected to reveal more details about the proposal later today.