03/06/2009 05:12 am ET Updated May 25, 2011

Bloomberg Speech Interrupted By Protesters

About 100 protesters stormed a Manhattan hotel ballroom and interrupted a speech by Mayor Michael Bloomberg, shouting "this is what democracy looks like!"

Bloomberg was speaking Tuesday to a group of business leaders during an economic forum at the Grand Hyatt near Grand Central Terminal.

A few minutes into his speech, the demonstrators charged in, chanting and waving signs that said "Mayor Bloomberg, talk to us about the future of NYC!"

Protesters said the demonstration was organized by a coalition that advocates for communities. They said Bloomberg has ignored the concerns of working-class New Yorkers, favoring the rights of rich developers instead.

Bloomberg stopped his speech until his security detail and other police escorted the demonstrators out of the hotel.