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New York City Council

Committee on Economic Development

Oversight - Assessing the Economic Impact of the 2026 FIFA World Cup

Sep 30, 2026 · 1:00 PM ET · 2 hr 41 min
Hearing

Meeting chapters

Read summaries and jump into the video at the segment start.

0:00:26 25 sec
Procedure

Sergeant at Arms gives hearing instructions and appearance card procedure

Council staff opens the joint hearing, asks attendees to silence phones, and explains how to fill out appearance cards. Staff states that no one may approach the dais and invites the chair to begin.

0:00:51 28 sec
Remarks

Chair Maloney opens joint Economic Development and Small Business hearing on 2026 FIFA World Cup

Virginia Maloney welcomes attendees to the joint hearing with the Committee on Small Business and introduces co-chair Shanel Thomas-Henry. She states the hearing will assess the economic impact of the 2026 FIFA World Cup.

0:01:19 35 sec
Remarks

Maloney frames hearing as look back at World Cup spending and benefits

Maloney recalls prior oversight and legislation on World Cup preparations, bathroom access, event calendaring, small business maps, and cultural passports. She says today is a look back at what the city's investment produced and who benefited.

0:01:54 26 sec
Remarks

Maloney highlights World Cup successes: free fan events and transit

Maloney notes free fan events in all five boroughs, 30,000 people watching the final in Central Park, and New Jersey Transit moving over 300,000 passengers across eight matches. She says there is a lot to celebrate.

0:02:20 38 sec
Remarks

Maloney raises return-on-investment concerns and missing spending details

Maloney says Council Finance analysis shows hosting the World Cup cost the city more than it brought in. She argues taxpayers may have subsidized a payday for FIFA and says the city still lacks a meaningful account of where money went.

0:02:58 55 sec
Remarks

Maloney details city funding pass-through and host committee impact claims

Maloney says EDC passed $20 million to the host committee and the administration added $15 million, with $9 million for fan zones. She questions the host committee's $3.5 billion regional impact figure and its methodology.

0:03:53 1 min 14 sec
Remarks

Maloney questions displacement and introduces FIFA legacy contribution resolution

Maloney notes the World Cup occurred during peak tourist season and may have displaced regular visitors. She introduces Resolution 655 calling on FIFA to pay New York City the promised $1 million legacy contribution.

0:05:07 20 sec
Remarks

Maloney thanks committee staff and turns to co-chair Thomas-Henry

Maloney recognizes Economic Development Committee staff including Alex Polinoff, William Hongnash, and Spencer Kuhn. She then turns the floor over to co-chair Shanel Thomas-Henry.

0:05:26 12 sec
Remarks

Chair Thomas-Henry opens Small Business Committee remarks on World Cup benefits

Shanel Thomas-Henry introduces herself as chair of the Committee on Small Business and thanks attendees. She says the administration announced an estimated $2 billion in economic activity for New York City.

0:05:38 49 sec
Remarks

Thomas-Henry questions whether small businesses felt the $2 billion impact

Thomas-Henry says headline economic activity does not show who benefited. She asks whether restaurant owners in Corona, small businesses in the Bronx, Brooklyn, Staten Island, and Southeast Queens saw new customers.

0:06:27 23 sec
Remarks

Thomas-Henry contrasts what New Yorkers did for World Cup with what they received

Thomas-Henry quotes Mayor Mamdani saying the World Cup belonged to deli owners, cab drivers, and line cooks. She says it is clear what New Yorkers did for the World Cup and asks what the World Cup did for New Yorkers.

0:06:50 34 sec
Remarks

Thomas-Henry notes record World Cup scale and small business uncertainty

Thomas-Henry says the 2026 World Cup was the largest in tournament history, with more than one million people coming to the New York-New Jersey region. She says small businesses are still holding their breath while the administration celebrates.

0:07:23 26 sec
Remarks

Thomas-Henry calls for neighborhood-level and industry-level impact data

Thomas-Henry says the city must look beyond aggregate economic activity to see where it occurred, which industries benefited, and which neighborhoods saw foot traffic. She asks how many local businesses participated and whether opportunities were equitably distributed.

0:07:49 54 sec
Remarks

Thomas-Henry urges coordinated playbook and FIFA legacy contribution

Thomas-Henry says the city must build infrastructure to intentionally direct opportunities to neighborhoods. She calls for earlier coordination with BIDs, chambers, vendors, restaurants, and retailers, and highlights Resolution 655 on FIFA's $1 million legacy contribution.

0:08:43 1 min 7 sec
Remarks

Thomas-Henry calls for playbook for future events and thanks staff

Thomas-Henry says the joint hearing should help build a coordinated playbook for future major events so small businesses and working people benefit from day one. She thanks Central Staff and her staff, then acknowledges attending council colleagues.

0:09:50 31 sec
Procedure

Committee counsel administers oath to administration witnesses

Chair Maloney turns to committee counsel Alex Polanoff. Polanoff asks all administration witnesses to raise their right hands and swear or affirm to tell the truth.

0:10:21 28 sec
Agency Testimony

World Cup Czar Maya Honda begins administration testimony

Maya Honda introduces herself as World Cup czar and greets the chairs and committee members. She briefly acknowledges the New York Liberty's championship before turning to soccer.

0:10:48 38 sec
Agency Testimony

Honda outlines World Cup goals: access, safety, and small business benefits

Honda says the tournament brought historic opportunities and complex challenges. She says Mayor Mamdani wanted every New Yorker to participate, the city to stay safe and moving, and bars, restaurants, and businesses in all five boroughs to benefit.

0:11:27 59 sec
Agency Testimony

Honda reports $3.5B regional and $2B NYC economic impact

Honda says the World Cup added more than $3.5 billion to the regional economy and about $2 billion in New York City economic activity. She cites 16% higher sports bar foot traffic, over $1 billion in additional hotel revenue, and more than 12,000 jobs supported.

0:12:26 32 sec
Agency Testimony

Honda details city programs: watch parties, tickets, 24-7 soccer fields

Honda says the success was not guaranteed and resulted from administration efforts to engage businesses and host events. She cites more than 100 free watch parties, 1,000 affordable tickets, and soccer fields open 24-7 in every borough.

0:12:58 36 sec
Agency Testimony

Honda describes transportation, meal deal, and small business toolkit

Honda says the city expanded ferry service and launched a midtown transportation plan with dedicated bus and shuttle corridors. She also highlights a $26 meal deal, cultural passport program, and a small business toolkit reaching more than 56,000 New Yorkers.

0:13:34 49 sec
Agency Testimony

Honda highlights legacy efforts and permanent public space projects

Honda says the mayor wanted a legacy beyond the final whistle. She describes EDC's Choose NYC Summit with 350 attendees from 150 businesses and 34 countries, plus permanent projects like a bus lane near LaGuardia and a Brooklyn Bridge bike connection.

0:14:23 1 min 28 sec
Agency Testimony

Honda concludes with lessons on coordination and World Cup memories

Honda says the outcomes prove major events can translate into real economic impacts across the five boroughs. She says the city must take an active role in supporting local businesses and coordinating future events, and closes with memories of fans watching Argentina's comebacks and Central Park finals.

0:15:51 26 sec
Agency Testimony

NYC Tourism CMO Nancy Mamana begins testimony

Nancy Mamana introduces herself as chief marketing officer for New York City Tourism and Conventions. She thanks the committees and says she will share results of tourism marketing around the World Cup.

0:16:17 43 sec
Agency Testimony

Mamana describes NYC Tourism mission and workforce reach

Mamana says NYC Tourism is the city's official destination marketing organization and represents more than 1,600 member businesses. She says tourism supports nearly 400,000 workers, with nearly 80% living outside Manhattan and Brooklyn.

0:17:00 1 min 12 sec
Agency Testimony

Mamana outlines $4.5M tourism investment and borough outreach

Mamana says the World Cup was never just about filling the stadium and that tourism aimed to spread impact beyond it. She describes a $4.5 million investment in advertising, social media, NBC and Telemundo partnerships, borough grants, and small business toolkits.

0:18:12 40 sec
Agency Testimony

Mamana details Five Borough Winner Special and multilingual chatbot

Mamana says NYC Tourism launched an AI-enabled chatbot in 50 languages and the Five Borough Winner Special with $26 food and drink specials. She says 133,000 commemorative cups were distributed to almost 1,000 food and beverage businesses across the boroughs.

0:18:52 1 min 28 sec
Agency Testimony

Mamana reports campaign influenced 164,000 visitors and $147M spend

Mamana says the World Cup calendar featured more than 1,700 events, 17 times the city's previous highest-performing calendar. She says the digital campaign influenced about 164,000 visitors and generated an estimated $147 million in direct visitor spending.

0:20:20 1 min 41 sec
Agency Testimony

Mamana cites borough visitor spending and campaign impressions

Mamana says Visa data showed incremental visitor spending increased 19% in Brooklyn and 6% in Queens, with hotel demand rising outside Manhattan. She also describes the Where the World Comes to Play campaign generating more than 1.2 billion impressions.

0:22:01 1 min 24 sec
Agency Testimony

Mamana concludes tourism investment yielded citywide impact

Mamana says the World Cup showed what New York can achieve with coordinated citywide effort. She argues sustained destination marketing can turn global attention into visitation and economic opportunity across all five boroughs.

0:23:25 49 sec
Q&A

Maloney asks panel to explain World Cup economic impact methodology

Maloney thanks the panel and notes she has the full set of World Cup cups. She asks the panel to explain how the $2 billion, $1.2 billion direct spending, and 12,000 jobs figures were calculated.

0:24:14 2 min 22 sec
Q&A

Justin Kreamer explains Tourism Economics direct visitor spending model

Justin Kreamer of NYC EDC says Tourism Economics conducted the studies and is a globally renowned tourism analysis firm. He explains the bottom-up approach using out-of-region match attendees and official fan zone visitors.

0:26:36 1 min 55 sec
Q&A

Kreamer breaks down operational, indirect, and induced spending

Kreamer says operational spending includes host committee funds from federal, state, municipal, and donor sources. He explains indirect spending through a restaurant buying more fish and induced spending through workers spending extra wages in their neighborhoods.

0:28:31 1 min 23 sec
Q&A

Kreamer explains $2B total and 12,100 jobs supported

Kreamer says $1.2 billion in direct spending plus about $700 million in indirect and induced effects yields the $2 billion figure. He says the 12,100 jobs are supported jobs, not necessarily new jobs, and the analysis cannot distinguish temporary from permanent.

0:29:54 17 sec
Q&A

Maloney asks whether supported jobs were temporary

Maloney asks if the jobs were temporary over the World Cup period or had long-term impact. Kreamer says the Tourism Economics analysis does not disaggregate the information to that level.

0:30:11 51 sec
Q&A

Maloney asks about city tax revenue return on $90M investment

Maloney asks what city tax revenue the $2 billion economic impact generated, noting the city investment was roughly $90 million. Maya Honda says the event stretched across agencies, government levels, and fiscal years, and the city is still evaluating costs and projected tax revenue.

0:31:01 1 min 28 sec
Q&A

Kreamer compares regional projections to post-World Cup results

Maloney asks how the completed analysis compares to earlier projections. Kreamer says the initial regional projection was $3.3 billion and the post-event regional result was $3.5 billion, a $200 million increase, but there was no pre-event New York City-specific baseline.

0:32:30 1 min
Q&A

Maloney asks about visitor breakdown between matches and fan events

Maloney asks for the total number of out-of-state visitors and how many attended matches versus free events. Kreamer says there were about 1.134 million visitors, with 508,000 attending matches and 626,000 attending official World Cup events.

0:33:29 1 min 4 sec
Q&A

Kreamer says displacement was incorporated into economic analysis

Maloney asks whether the analysis accounts for opportunity costs from displacing regular summer tourists. Kreamer says Tourism Economics removed displacement from the $2 billion figure and notes some visitors may return later or be newly exposed to New York.

0:34:34 57 sec
Q&A

Honda and Kreamer discuss bringing FanFest to NYC and capturing visitor spending

Honda says the original plan had FanFest in New Jersey, but the administration worked with the host committee to bring free FanFests to all five boroughs. Kreamer adds that New York City captured 70% of the region's $1.7 billion in visitor spending.

0:35:31 1 min 2 sec
Q&A

Kreamer addresses whether impact came from higher prices or more transactions

Maloney asks how much of the $2 billion impact came from higher prices due to demand rather than additional transactions. Kreamer says the model is an input-output model calibrated to New York City and did consider a bump in lodging prices.

0:36:32 8 sec
Procedure

Maloney acknowledges additional members and passes to co-chair

Maloney acknowledges Council Member Hanif and notes Council Member Riley was present earlier. She then passes questioning to co-chair Thomas-Henry.

0:36:41 43 sec
Q&A

Thomas-Henry asks for 2025 tourism economic impact comparison

Thomas-Henry asks whether the city knows the economic impact of New York City tourism during the same period in 2025. Nancy Mamana says she does not have that broken out but can follow up.

0:37:23 2 min 54 sec
Q&A

Thomas-Henry questions separating World Cup impact from 250th and Knicks events

Thomas-Henry notes the World Cup overlapped with the 250th anniversary celebration and asks how much impact is attributable to each. Kreamer says Tourism Economics used out-of-market match attendees and official World Cup event attendees as the baseline.

0:40:17 1 min 13 sec
Q&A

Thomas-Henry questions low share of food businesses in World Cup promotion

Thomas-Henry notes 1,000 food and beverage businesses participated out of roughly 20,000 in the city, about 5%. Mamana says NYC Tourism did comprehensive outreach through BIDs, chambers, and restaurant associations, but participation was voluntary.

0:41:30 1 min 28 sec
Q&A

Thomas-Henry challenges weak outer-borough visitor spending gains

Thomas-Henry points to a 6% increase in Queens visitor spending despite a large fan fest and says the Bronx and Staten Island were not mentioned. Honda says the city was proud to make the Queens fan fest free and accessible, and Mamana notes the data came from Visa card spending.

0:42:57 31 sec
Q&A

Mamana says borough spending data came only from Visa

Mamana says the visitor spending figures were pulled from Visa card data. Thomas-Henry asks whether the city will pull other sources, and Mamana says it can but there are additional costs and American Express data was not used.

0:43:28 2 min 1 sec
Q&A

Thomas-Henry questions expedited infrastructure without community input

Thomas-Henry asks whether it was fair to expedite infrastructure projects without community board or community input. Honda says the city was excited about long-term improvements but needs to get back on process specifics.

0:45:29 1 min 24 sec
Q&A

Thomas-Henry asks why infrastructure moved faster than small business permits

Thomas-Henry says infrastructure was expedited but businesses had difficulty getting permits. Honda says the city balanced safety and events and provided resources for small businesses, then turns to SBS for more detail.

0:46:53 1 min 5 sec
Q&A

SBS official Dynishal Gross describes coordination with BIDs on permits

Dynishal Gross thanks Honda and says SBS was in close coordination on SAPO permitting decisions. She says SBS briefed business improvement districts and merchants associations as decisions were made.

0:47:58 3 min 31 sec
Q&A

Thomas-Henry asks if World Cup was as successful as possible

Thomas-Henry says the administration was new and had only six months before the World Cup, then asks whether it was as successful as it could have been. Honda says the World Cup was an enormous success but acknowledges the administration wishes it had started earlier.

0:51:29 2 min
Q&A

Mamana reflects on tourism planning timeline and international visitors

Mamana says NYC Tourism would have started earlier on international visitation if funding had come sooner. She says the campaign still produced positive borough dispersion and intent to visit Brooklyn, Queens, the Bronx, and Staten Island.

0:53:29 1 min 25 sec
Q&A

Kreamer highlights EDC public market events and business attraction

Kreamer says EDC organized 28 events, using 25 public markets that are almost entirely New York City-based small businesses. He also says EDC used the World Cup to pitch visiting businesses on opening offices in New York.

0:54:53 1 min
Q&A

Thomas-Henry urges early planning and neighborhood promotion

Thomas-Henry tells the administration to consult small business partners, BIDs, and chambers and start planning now for 2028. She says tourism should promote neighborhoods like Mott Haven and Corona year-round, not just during the World Cup.

0:55:53 1 min 28 sec
Q&A

Council Member Banks questions World Cup benefits for NYCHA residents

Chris Banks notes the city invested $90 million and brought back $2 billion, then focuses on public housing residents. He asks whether NYCHA residents were included in employment, procurement, vending, or business outreach strategies.

0:57:20 1 min 46 sec
Q&A

Banks presses for NYCHA employment and contracting data

Kreamer begins explaining the $20 million and $15 million allocations but Banks asks him to be specific to NYCHA. Kreamer says he does not have the information and suggests the host committee may be able to answer.

0:59:07 19 sec
Q&A

Banks asks about World Cup programming in NYCHA developments

Banks asks whether any World Cup youth, workforce, or small business programming took place directly in NYCHA developments. Honda says the city can get that information and notes $75,000 grants to borough presidents for watch parties.

0:59:26 58 sec
Q&A

SBS describes outreach to public housing and immigrant communities

Dynishal Gross says SBS prioritized outreach in Black, brown, and immigrant communities, including public housing areas in Staten Island, Queens, and Brooklyn. She says SBS canvassed over 1,800 businesses, including street vendors.

1:00:24 26 sec
Q&A

Banks asks about funding for NYCHA watch parties and youth programs

Banks asks whether NYCHA community centers, resident associations, or youth programs received funding for watch parties or soccer clinics. Honda says she can get exact numbers and notes the city resourced HHS shelters for watch parties.

1:00:50 1 min 40 sec
Q&A

Banks requests contract, MWBE, and payment data for World Cup vendors

Banks asks for total World Cup contracts and subcontracts awarded to New York City businesses, MWBEs, businesses outside Manhattan, small businesses, street vendors, and NYCHA resident-owned businesses. He also asks about payment delays and disputes.

1:02:30 9 sec
Procedure

Thomas-Henry moves to Council Member Marano

Thomas-Henry interrupts to move questioning to Council Member Marano. Banks says he will come back later.

1:02:39 1 min 37 sec
Q&A

Council Member Morano credits administration but asks where money went

Frank Morano says he is often critical of the administration but credits it for capturing $2 billion despite no matches in New York City. He asks how much of that $2 billion actually went to independently owned New York City small businesses.

1:04:16 1 min 34 sec
Q&A

Morano presses for small business revenue metrics for future events

Kreamer says the $2 billion analysis does not break down spending to independently owned small businesses. Morano asks whether the city should decide beforehand to measure how much economic benefit reaches small businesses for future mega events.

1:05:49 1 min 26 sec
Q&A

Kreamer promises sector breakdown and small business survey

Kreamer says the $2 billion analysis is initial and Tourism Economics will provide a sector breakdown. He says EDC will also conduct a small business survey with SBS, BIDs, and NYC Tourism to measure revenue lifts and hiring.

1:07:15 1 min 18 sec
Q&A

Morano questions low Staten Island participation and lack of dashboard

Morano notes only 28 Staten Island businesses participated in the Five Borough Winner Special compared with 589 in Manhattan. He asks whether anyone in city government monitored participation and tried to increase low borough numbers.

1:08:33 40 sec
Q&A

Mamana acknowledges manual outreach and need for earlier start

Mamana says she agrees with Morano and that outreach was largely manual through associations, BIDs, and chambers. She says with more time the city could have started earlier and kept a better tally.

1:09:13 21 sec
Procedure

Thomas-Henry offers council help and moves to Brooks-Powers

Thomas-Henry says her office offered to help distribute cups and wants small businesses to succeed. She then turns questioning over to Council Member Brooks-Powers.

1:09:34 29 sec
Q&A

Council Member Brooks-Powers questions FIFA legacy funds and Queens outreach

Selvena Brooks-Powers asks whether the city formally requested the $1 million FIFA legacy contribution and whether it would invest it in soccer pitches or youth programs. She also asks about lodging data and Queens business participation.

1:10:03 37 sec
Q&A

Honda says city in conversations about FIFA legacy and soccer pitches

Honda says she is not sure if the city formally requested the $1 million from FIFA but says conversations about legacy are ongoing. She says the host committee is building pitches and the city wants accessible opportunities to play.

1:10:39 31 sec
Q&A

Brooks-Powers asks whether hotel revenue came from rates or occupancy

Brooks-Powers says hotel revenue rose because room rates increased, not necessarily because more people stayed. She asks whether NYC Tourism tracks how many World Cup visitors stayed outside the city because they could not find or afford lodging.

1:11:10 47 sec
Q&A

Brooks-Powers requests Queens and Rockaway business participation data

Brooks-Powers notes about 60% of Five Borough Winner Special businesses were in Manhattan and asks how many were in Queens, Southeast Queens, and the Rockaways. Mamana says there were 152 in Queens and she can provide a neighborhood breakdown.

1:11:57 55 sec
Q&A

Brooks-Powers asks about local hiring and MWBE commitments for 2028 Olympics

Brooks-Powers notes Citi Field will host nine Olympic soccer matches in 2028 and asks whether the city will require local hiring, MWBE, local procurement, and security cost commitments before funding. Kreamer says planning has not started but lessons will apply.

1:12:52 34 sec
Q&A

Kreamer says host committee holds MWBE participation data

Brooks-Powers asks whether MWBE participation and opportunity data from the World Cup has been made public. Kreamer says the host committee, which will testify next, has the best tabulations of where money went.

1:13:26 1 min 26 sec
Q&A

SBS describes multilingual outreach for Queens small businesses

Brooks-Powers asks what SBS will do differently so Queens small businesses outside the stadium area have materials in their languages from day one. Gross says SBS used email, webinars, door-to-door canvassing, and reached over 280,000 New Yorkers.

1:14:52 1 min 16 sec
Q&A

Brooks-Powers asks city to commit FIFA legacy funds to youth soccer

Brooks-Powers asks again whether the city will commit the $1 million FIFA legacy contribution to soccer pitches and youth programs if paid. Honda says she will get back but values are aligned and the city is considering lighting and programming existing fields.

1:16:08 1 sec
Procedure

Thomas-Henry moves to Council Member Riley

Thomas-Henry thanks Brooks-Powers and turns questioning to Council Member Riley.

1:16:10 47 sec
Q&A

Council Member Riley questions Bronx participation and job creation

Kevin Riley thanks the panel and says $2 billion is impressive but is disappointed the Bronx had only 28 participating businesses. He asks about local hiring and the types of occupations created during the World Cup.

1:16:57 35 sec
Q&A

Riley asks for local hiring and occupation breakdown

Riley asks whether there is a breakdown of local residents hired and the occupations they filled. Kreamer says the 12,100 jobs figure comes from a Tourism Economics model and does not go down to that level of detail.

1:17:32 1 min 4 sec
Q&A

Riley asks how city will prevent burdens on residents and small businesses

Riley says large events can burden communities through street closures and disrupted block parties. He asks what steps the city is taking to prevent residents and small businesses from bearing disproportionate burdens.

1:18:36 1 min 27 sec
Q&A

SBS describes outreach on permits and business compliance

Gross says SBS worked with the World Cup czar and FDNY on a social media video reaching over 50,000 New Yorkers about business preparedness. She says SBS promoted the NYC Business Express Service Team for one-on-one compliance consultations.

1:20:03 1 min 5 sec
Q&A

Riley asks about tracking visitors staying in New Jersey and Airbnbs

Riley says many visitors stayed across the Hudson in New Jersey and asks whether the city tracks short-term rentals or homeowner hosting. Mamana says NYC Tourism does not track Airbnb data.

1:21:08 36 sec
Q&A

Maloney asks for final agency spending breakdown of $90M

Maloney returns to spending questions and cites $35 million through EDC, $4.5 million to NYC Tourism, and $50.2 million to NYPD. She asks for final spending figures broken out by agency.

1:21:44 1 min 14 sec
Q&A

Kreamer details host committee spending categories

Kreamer confirms $35 million was allocated to the host committee, which spent about $33.4 million. He says the remaining $1.5 million was used by the city for community events and branding, and describes host committee spending categories.

1:22:58 1 min 7 sec
Q&A

Honda discusses agency spending and NYPD overtime attribution

Honda says some agency budgets were repurposed and additional funding went to NYSEM for daily operational calls. She says the city is still assessing total World Cup cost and disaggregating NYPD overtime is difficult because it overlapped with other summer events.

1:24:05 54 sec
Q&A

Maloney compares city tax revenue estimates and asks for final analysis

Maloney notes the reported revenue was $414 million for city and state taxes, while Council Finance estimated city tax revenue around $60 million and the comptroller estimated $55 million. She asks when the final analysis will be available.

1:24:59 41 sec
Q&A

Kreamer clarifies $414M tax estimate is regional and estimated

Kreamer says the $414 million state and local tax revenue figure was based on Tourism Economics analysis for the region, including New York State and New Jersey. He says it is an estimated number, not actual receipts.

1:25:40 1 min 27 sec
Q&A

Maloney presses on NYC tax share and comptroller's $55M estimate

Maloney asks for a more granular sense of what share goes to New York City taxes. Kreamer says that number has not been provided yet, and Honda says the city is still evaluating costs and projected revenue with a lag in data collection.

1:27:07 2 min
Q&A

Kreamer describes Choose NYC long-tail business attraction

Maloney asks EDC to describe long-tail business discussions from the World Cup. Kreamer says EDC's Choose NYC program hosted a summit with 350 attendees, including 150 businesses from 34 countries considering expansion to New York.

1:29:07 2 min 49 sec
Q&A

Mamana explains tourism retargeting and November campaign

Maloney asks how NYC Tourism will capitalize on World Cup momentum amid concerns about international travel. Mamana says the programmatic media buy created a data pool for retargeting and a new campaign will launch in November.

1:31:56 35 sec
Q&A

Mamana says NYC Tourism lacks resources for another big campaign

Maloney asks whether NYC Tourism has resources to implement the strategy. Mamana says it does not have the same level of budget moving forward and relies on travel partners like airlines and tour operators to compound investment.

1:32:31 1 min 23 sec
Q&A

Kreamer details Choose NYC borough chamber outreach

Kreamer adds that Choose NYC intentionally spread opportunity across the five boroughs. He says the summit had tabling for each borough led by chambers, a panel with chamber presidents, and site visits to the Bronx, Long Island City, and downtown Brooklyn.

1:33:54 3 min 5 sec
Q&A

Panel describes New Yorkers' participation in World Cup events

Maloney asks how New Yorkers responded and participated in World Cup events. Kreamer says EDC organized 28 events and nearly 7,000 New Yorkers attended public market events, while Honda cites LinkNYC match streaming, soccer streets, and 24-7 fields.

1:36:59 58 sec
Q&A

Maloney asks about Midtown truck delivery restrictions on match days

Maloney says match-day truck deliveries were prohibited from 30th to 60th Streets and lanes were reserved for buses and official vehicles. She asks about economic impact and how businesses were consulted before the changes.

1:37:57 1 min 15 sec
Q&A

Maloney asks for permitting lessons for future large events

Maloney says permitting was a major point of contention for community groups and BIDs trying to do local activations. Honda says more time was key, the city communicated constantly with BIDs and small businesses, and coordination could always improve.

1:39:12 14 sec
Procedure

Maloney acknowledges additional members and returns to Thomas-Henry

Maloney acknowledges Council Members Farias, Gutierrez, and Aviles. She then turns questioning back to co-chair Thomas-Henry.

1:39:26 13 sec
Q&A

Thomas-Henry asks again for 2025 tourism comparison

Thomas-Henry asks whether the city obtained the 2025 tourism economic numbers. Mamana says they will need to come back with that information.

1:39:39 58 sec
Q&A

Thomas-Henry notes overlapping events and asks about youth soccer legacy

Thomas-Henry notes the World Cup, Knicks parade, 250th anniversary, and Jay-Z concert all happened in July. She asks whether the city is working on projects to maintain soccer excitement, particularly for youth leagues.

1:40:37 30 sec
Q&A

Honda says city continuing soccer excitement conversations

Honda says the city was thrilled by the unexpected outpouring of excitement around soccer. She says the city is continuing conversations with council members about investment and channeling that excitement.

1:41:07 1 min 22 sec
Q&A

SBS describes notification to businesses on Midtown truck restrictions

Thomas-Henry asks how and when SBS notified affected Midtown businesses about truck delivery restrictions. Gross says DOT managed the closures and SBS spoke to BIDs, chambers, merchants associations, and commissaries two weeks ahead of time.

1:42:29 1 min 8 sec
Q&A

Mamana proposes centralized dashboard for future business outreach

Thomas-Henry asks whether NYC Tourism will use a more tech-related program for future outreach. Mamana says the next time the city should set up a centralized dashboard to see participation in real time and start earlier.

1:43:37 1 min
Q&A

Gross explains targeted outreach to immigrant business communities

Gross says SBS targeted neighborhoods with high concentrations of immigrant-owned businesses. She says SBS wanted to engage cultural capitals and also support communities facing a perceived slowdown from federal immigration enforcement.

1:44:37 56 sec
Q&A

Thomas-Henry asks how many event permits were denied

Thomas-Henry asks how many applications for events during the tournament window were denied and how many denials were due to World Cup events. Honda says the summer was unprecedented and the city will come back with specific data.

1:45:33 1 min 54 sec
Q&A

Honda discusses implementation of cultural passport and digital map laws

Thomas-Henry asks which agencies were designated to implement Local Laws 107 and 110 on cultural passports, maps, and public bathrooms. Honda says she cannot speak to specific agencies but highlights the cultural passport and digital map collaboration.

1:47:27 1 min 37 sec
Q&A

Panel reports 1,700 events and Google-powered digital map

Thomas-Henry asks how many events were published and whether the digital map was published. Kreamer says 1,700 events, and Mamana describes a map created by Neuron with Google Maps that was translatable in 50 languages.

1:49:04 1 min 23 sec
Q&A

Thomas-Henry asks about ferry service for 2028 Olympics at Willets Point

Thomas-Henry notes the 2028 Olympics will overlap with Mets games and the U.S. Open and asks whether EDC is considering a ferry to Willets Point. Kreamer says the ferry was at full capacity during the World Cup and future planning can be discussed.

1:50:27 48 sec
Q&A

Council Member Avilés questions coordination and outer-borough revenue impacts

Alexa Avilés says BIDs faced coordination and communication challenges and asks whether the city identified revenue impacts in outer-borough communities. Kreamer says the published $2 billion analysis only looks at the five boroughs and a further breakdown will come.

1:51:16 1 min 22 sec
Q&A

Kreamer says report will break down by borough, survey by zip code

Avilés asks whether the report breaks down by zip code or just borough. Kreamer says by borough, but a small business and community organization survey launching soon will ask for zip code.

1:52:38 2 min 3 sec
Q&A

Avilés describes Sunset Park permitting problems and licensing fees

Avilés says EDC activations in Sunset Park were last minute and small businesses felt on their own. She also describes exorbitant licensing fees and a nonprofit that was denied a park permit for an event the city wanted it to do.

1:54:41 41 sec
Q&A

Maloney asks about shuttle tickets and cross-agency transportation lessons

Maloney asks whether the shuttle system met EDC's ridership projections and mentions 120,000 shuttle tickets. She also asks for lessons learned from coordinating transportation among New York, New Jersey, NJ Transit, MTA, Port Authority, and private operators.

1:55:21 1 min 17 sec
Q&A

Honda praises regional transportation coordination during World Cup

Honda commends the host committee and New York-New Jersey coordination, saying people got to matches and home successfully despite past MetLife event problems. She says the lesson is to start early and maintain coordination from City Hall.

1:56:38 1 min 15 sec
Q&A

Maloney asks how to ensure planning survives administration changes

Maloney notes the city knew about the World Cup four years in advance but administrations changed. She asks what safeguards can ensure planning continues for future predictable events even when administrations change.

1:57:54 58 sec
Q&A

Mamana says earlier funding would improve tourism planning

Mamana says for NYC Tourism the issue goes back to funding. She says if the agency knew it had funding earlier, it would have started a year in advance and could have had better visitation and spending results.

1:58:52 39 sec
Q&A

Mamana says NYC Tourism is not resourced for 2028

Maloney asks whether funding is set aside for 2028 and how tourism investment has shifted. Mamana says budgets have been fairly flat since 2006, the baseline was recently restored a bit, and NYC Tourism is not resourced for another big event including 2028.

1:59:30 1 min 2 sec
Q&A

Avilés asks about NYC Tourism budget and staffing

Avilés asks for NYC Tourism's current budget and staff size. Mamana says the budget is $23 million with about 100 staff, and that media spending is often what gets sacrificed.

2:00:32 1 min 11 sec
Procedure

Maloney thanks administration panel and calls host committee

Maloney thanks the administration witnesses for their testimony and work on New York's summer. She says the committee will next hear from the host committee and Alex Lasry.

2:01:43 44 sec
Public Testimony

Host Committee CEO Alex Lasry begins testimony

Alex Lasry introduces himself as CEO of the FIFA World Cup 2026 New York New Jersey Host Committee. He says the local organizing committee coordinated with FIFA, government agencies, transportation, public safety, private sector, and community organizations.

2:02:27 1 min 45 sec
Public Testimony

Lasry outlines host committee success and four pillars

Lasry says the World Cup was a tremendous success by every major measure and generated an estimated $3.5 billion in regional economic impact. He says the work was guided by safety and security, transportation, fan experience, and economic impact.

2:04:13 55 sec
Public Testimony

Lasry reports match attendance and transportation outcomes

Lasry says more than 645,000 fans attended eight matches and about 98% entered before kickoff. He says the stadium property was cleared in under two and a half hours, beating the pre-tournament goal of three hours.

2:05:08 1 min 9 sec
Public Testimony

Lasry describes distributed fan fests and community soccer programs

Lasry says the original plan was a single fan fest at Liberty State Park, but the host committee created a distributed network of fan experiences. He says it facilitated more than 180 public viewing licenses and over 5,000 young people participated in soccer programming.

2:06:17 48 sec
Public Testimony

Lasry details $10M with NYC vendors and 36 MWBEs

Lasry says the host committee contracted with over 100 New York City vendors and spent more than $10 million with New York City-based businesses, including 36 MWBEs. He also describes the World Cup concierge and Welcome World Rewards program.

2:07:05 1 min 32 sec
Public Testimony

Lasry reports $3.5B regional impact and permanent soccer investments

Lasry says the World Cup generated $3.5 billion in regional economic impact, including $2 billion for New York City, $1.9 billion in direct spending, 27,000 jobs, and $414 million in state and local tax revenue. He says the host committee invested in permanent mini pitches in the Bronx, Brooklyn, Queens, and Staten Island.

2:08:37 2 min 30 sec
Q&A

Maloney asks Lasry for breakdown of $20M EDC contract

Maloney welcomes Lasry to his first City Council hearing and asks for a breakdown of expenditures from the $20 million EDC contract. Lasry says the vast majority was spent on free fan festivals after the host committee pivoted from Liberty State Park.

2:11:08 47 sec
Q&A

Lasry says host committee did not break down impact by city

Maloney asks how the fan initiatives translated into economic impact. Lasry says the host committee did a regional economic impact report and did not break it down by city or state, relying on the city and NYC Tourism for city-specific analysis.

2:11:54 1 min 37 sec
Q&A

Maloney presses for city-specific follow-up analysis

Maloney asks whether there will be any follow-up analysis or details. Lasry says the host committee will not do a city-specific analysis but can provide fan fest attendance numbers, including over one million at Rockefeller Center and 200,000 at the U.S. Tennis Center.

2:13:32 2 min 6 sec
Q&A

Maloney asks about security funding and federal reimbursements

Maloney asks whether FIFA or the host committee provided resources for security or NYPD overtime. Lasry says the host committee worked with the federal government and received upwards of $60 million in federal reimbursements split across New York and New Jersey.

2:15:38 1 min 14 sec
Q&A

Maloney asks whether host committee can share FIFA contract

Maloney asks who had access to the contract between the host committee or FIFA and the city. Lasry says the contract was negotiated by the previous administrations in New Jersey and New York City and he would leave sharing it up to the city.

2:16:51 1 min 2 sec
Q&A

Thomas-Henry questions host committee fundraising and budget

Thomas-Henry asks how revenue from local and corporate funding was shared between FIFA and New York City. Lasry says any funding the host committee raised went to the host committee and into World Cup operations.

2:17:53 1 min 25 sec
Q&A

Thomas-Henry asks about $200M budget and local business spending

Thomas-Henry asks for the host committee's total budget. Lasry says it was upwards of $200 million, and Thomas-Henry asks how much was spent with local businesses and MWBEs.

2:19:19 1 min 25 sec
Q&A

Thomas-Henry asks how host committee procured from local and MWBE businesses

Thomas-Henry asks whether contracts required local or MWBE spending and what goods or services were procured. Lasry says any money given by New York was spent in New York City, but production companies often handled watch parties.

2:20:43 1 min 12 sec
Q&A

Thomas-Henry asks how host committee measured traffic to local businesses

Thomas-Henry asks how the host committee collaborated with NYC Tourism and collected data on driving traffic to local businesses. Lasry says the host committee was small and did its best, promoting fan zones and local watch parties.

2:21:56 56 sec
Q&A

Lasry says consultant helped monitor MWBE procurement

Thomas-Henry asks how the host committee identified local businesses and MWBEs for procurement. Lasry says it hired a consultant, Tiffany Stenard, to help monitor and procure MWBEs, but much work went through large production agencies.

2:22:52 1 min 8 sec
Q&A

Lasry says FIFA gave $1M for Club World Cup, second $1M not received

Thomas-Henry asks Lasry's thoughts on Resolution 655 calling on FIFA to pay the $1 million legacy contribution. Lasry says the host committee received $1 million from FIFA for the Club World Cup and FIFA said it might give another $1 million, which has not been received.

2:24:00 4 sec
Procedure

Maloney thanks Lasry and closes host committee testimony

Maloney notes Lasry is on a tight timeline and thanks him for his testimony. She then moves to open the hearing for public testimony.

2:24:03 1 min 4 sec
Procedure

Maloney opens public testimony and gives instructions

Maloney reminds the public that this is a government proceeding and decorum must be observed. She explains that speakers have two minutes, must fill out appearance cards, and may submit written testimony within 72 hours.

2:25:08 47 sec
Procedure

Maloney calls first public panel of BID and labor witnesses

Maloney calls Megan Wiley from the Hotel and Gaming Trades Council, Jessica Walker from the Manhattan Chamber of Commerce, Jeffrey Lefrancois from the NYC BID Association, and Evan Sweet from the Meatpacking District BID. She says the next round will be on Zoom with Vijay Dandapani.

2:25:55 2 min 51 sec
Public Testimony

Hotel Trades Council political director Megan Wiley testifies

Megan Wiley says the Hotel and Gaming Trades Council represents nearly 40,000 hospitality workers. She says union hotel workers welcomed more than 1.2 million visitors and helped the region realize a $3.3 billion economic impact while securing a new eight-year contract with wage and benefit increases.

2:28:46 2 min 46 sec
Public Testimony

Manhattan Chamber CEO Jessica Walker testifies on five lessons

Jessica Walker says the Manhattan Chamber represents 125,000 businesses and that domestic visitors to Manhattan rose 8.3% during the tournament. She outlines five lessons: benefits stayed in the core, visitors went to New Jersey, coordination came late, nightlife restrictions hurt, and street event permitting is too expensive.

2:31:32 3 min 8 sec
Public Testimony

BID Association co-chair Jeffrey LeFrancois testifies on permitting failures

Jeffrey LeFrancois represents 78 business improvement districts and says the World Cup boosted foot traffic and spending. He says many BIDs faced severe SAPO permitting obstacles, late approvals, and lost commercial activations to other host cities, and recommends streamlining permits and engaging BIDs early.

2:34:40 32 sec
Q&A

Thomas-Henry thanks BID panel and urges early engagement

Thomas-Henry thanks the panel and says their testimony answered what could be done better. She says the city should engage BIDs, chambers, and hotels now for the next major event and asks them to submit their recommendations.

2:35:12 43 sec
Q&A

Maloney asks HTC about World Cup pressures on hotel contract talks

Maloney asks the Hotel Trades Council about the pressures of the World Cup on a major contract negotiation that fell in the middle of the tournament. Wiley says communication with elected officials was important and members wanted to participate in the World Cup.

2:35:56 1 min 38 sec
Q&A

Wiley describes hotel workers' housing and wage challenges

Wiley says surveys before contract negotiations showed many hotel workers spent more than half their income on housing and struggled with everyday expenses. She says the World Cup money should stay with workers and the city, not disappear after the final kickoff.

2:37:34 12 sec
Procedure

Maloney moves to online testimony from Vijay Dandapani

Maloney thanks the in-person panel and moves to online testimony from Vijay Dandapani. She recognizes him on Zoom.

2:37:46 2 min 49 sec
Public Testimony

Hotel Association CEO Vijay Dandapani testifies on tourism headwinds

Vijay Dandapani of the Hotel Association of New York City says hotel bookings were behind projections before the World Cup. He says the final weekend produced an additional $74 million in hotel revenue but that federal policies, visa issues, and international travel declines continue to threaten tourism jobs and tax revenue.

2:40:35 36 sec
Procedure

Maloney thanks witnesses and adjourns hearing

Maloney thanks all witnesses for a thoughtful and detailed recap of the 2026 World Cup. She adjourns the hearing.