- Associated Press - Tuesday, November 3, 2015

NEW YORK (AP) - Mayor Bill de Blasio’s administration is authorizing a new $115 million investment to protect New York City’s industrial zones.

The investment is part of a 10-point plan created in conjunction with the City Council.

De Blasio said Tuesday that 15 percent of the city’s workforce has industrial jobs.

He said the new money, when combined with an original $400 investment, should create more than 20,000 new jobs. There are currently 530,000 industrial jobs across the city.

The city will also step up enforcement of Industrial Business Zones, preventing residential or hotel expansion that would push out industries.

The mayor unveiled the plan at a news conference in Brooklyn. He said the city “most protect this vital point of our workforce.”

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