"With provisions for prevailing wages and affordable housing, the City's rezoning plan for developing the Greenpoint-Williamsburg waterfront ensures fair, equitable and sustainable development for community residents, workers and the real estate industry. The development will create some 500 good-paying building service jobs that will help workers support their families and provide a much-needed boost to local businesses.

"Furthermore, the plan upholds hard-fought labor standards that building service workers depend on across the City and serves as a model for responsible development in New York City.

"We thank Mayor Bloomberg, City Council Speaker Gifford Miller, Land Use Committee Chairwoman Melinda Katz, Assemblyman Vito Lopez, HPD Commissioner Shaun Donovan, all the members of the New York City Council and the real estate industry, who worked hard with us to produce a plan that is equitable and sustainable."