New York’s iconic Stonewall Inn, where the modern gay rights movement took root, will become the first national monument honoring the history of gays and lesbians in the U.S. under a proposal President Barack Obama is preparing to approve.

Designating the small swath of land will mark a major act of national recognition for gay rights advocates and their struggles over the last half-century. Since the 1969 uprising in Greenwich Village, the U.S. has enacted anti-discrimination protections, allowed gays and lesbians to serve openly in the U.S. military and legalized same-sex marriage nationwide.

Though land must still be transferred to the federal government and other details worked out, the president is expected to move quickly to greenlight the monument following a public meeting Monday in Manhattan, according to two individuals familiar with the administration’s plans. The individuals weren’t authorized to discuss the plans publicly and requested anonymity.  More  at  CBS  LOCAL.