Late last night, New York Mayor Mike Bloomberg and Brookfield Properties, the owners of Zuccotti Park, backed down from their attempt to evict #OccupyWallStreet. MoveOn shot a great video of the protesters getting the news and their reaction. #OccupyWallStreet put a statement out following the victory:

“We are winning and Wall Street is afraid,” said Kira Moyer-Sims, a protester from Portland, Oregon. “This movement is gaining momentum and is too big to fail.”

“Brookfield Properties is the 1%. They have invested $24 billion in mortgage-backed securities, so as millions face foreclosure and eviction due to predatory lending and the burst of the housing bubble that Wall Street created, its not surprising they threatened to evict Occupy Wall Street,” said Patrick Burner, an organizer with Occupy Wall Street from the Bed-Stuy neighborhood of Brooklyn. “But Brookfield and Bloomberg have backed down and our movement is only growing as the 99% take to the streets world wide to call for economic justice.”

This is a powerful movement and it is capable of bending huge corporations and powerful politicians to their will. This is just the beginning.