Bloomberg aims to create more jobs through development.

In Mayor Michael Bloomberg's state of the city address today at Brooklyn College, he detailed plans to create more jobs in the city through real estate development. Bloomberg said in the current fiscal year, the city is funding more than $10 billion in capital projects that will create over 25,000 construction-related jobs, including the Number 7 train extension to the Hudson Yards, a new police academy in Queens, two libraries in Staten Island and the High Line in Manhattan, among others. The mayor said the city is also working on expanding businesses by creating a Web site that will expedite obtaining city permits for developers, and provide illustrations on the Web site of building plans so community members can see them. The mayor said the city will "work with Speaker Quinn and the City Council to 'green' our building code and enact the nation's first law to require existing private sector buildings to improve their energy efficiency.Those two steps will reduce our carbon footprint and create jobs for people with green skills." In addition, the mayor mentioned offering emergency loans to small businesses and establishing more business improvement districts around the city. TRD