The New York City Industrial Development Agency, over the objections of three board members, last week approved conducting a study of the impact of wage requirements on subsidized development projects.

A City Council bill introduced last month would require workers on city-subsidized developments be paid a “living wage,” a rate higher than the minimum wage. New York City Mayor Michael Bloomberg, who effectively controls the IDA and the city’s affiliated Economic Development Corp., opposes the bill. IDA staff said it would choose a consultant to conduct the $1 million study from five firms, which it declined to name.

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