‘Waterfalls’ had $69 million impact on NYC
“The New York City Waterfalls” was a windfall.
Did you go to New York and see it? What did you think about it?
Mayor Michael Bloomberg says the public art work by Olafur Eliasson that put four waterfalls off Manhattan’s East Side brought in an estimated $69 million for New York City, exceeding initial expectations of $55 million. The work drew 1.4 million visitors from June 26 to Oct. 13.
The project was the city’s largest public art endeavor since 2005, when 23 miles of Central Park’s footpaths were marked with thousands of saffron drapes hung from specially designed “gates.”
More than 5 million people saw “The Gates,” including about 1.5 million out-of-town visitors, pumping about $254 million into the local economy.
THE ASSOCIATED PRESS
