[via wcbstv.com - City Employee Residency Requirement Nixed]:

(CBS) NEW YORK The city's largest employees union confirmed Thursday afternoon that it had reached a historic agreement with Mayor Michael Bloomberg that, among other things, eliminates the requirement that city employees live in one of the five burroughs.

District Council 37 announced the agreement to terminate the residency requirement on its Web site, and a union official confirmed the information to CBS2. D.C. 37 endorsed Bloomberg early on in his most recent re-election campaign. The mayor's office has not yet commented.

The residency requirement has been in place for decades.

Other city employees unions are still working to reach agreements with the city.

Manhattanites are screwed. This is going to hit us worse than any of the other boroughs. From now on, only rich people will be allowed to live in NYC, especially Manhattan.

I take this as a stab in the back to the non-unionized working class in the city. Instead of fighting for affordable housing, they take the exurban way out; taking with them millions of dollars in taxes as well.

How many years now til they repeal the rent stabilization laws? I give it 5 years.