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.
The $2 billion analysis that you're referring to doesn't break the information down to that level.
Anybody else?
Councilmember, so defer to our colleagues at the Economic Development Corporation on the economic analysis they conducted, but it was too easy when you mentioned Highland Boulevard.
There's a burger joint that just opened up, CD Burger, and the first, as they were doing their grand opening, they were featuring a World Cup game.
And so part of the reason folks came to that grand opening was not just the delicious burgers they were serving, but because they had a FIFA World Cup game on.
And that's the type of engagement we saw throughout the city.
It was really a summer where, whether it was at the businesses, where you saw record levels of engagement and attendance, and business owners anecdotally
have shared their experiences with the summer, where it was the Knicks championship run, then game after game, but it was also in the homes of many of our family members where we're ordering from businesses.
No, and I've had similar anecdotal observations, but if nobody, if none of the agencies can...
Necessarily answer that question of how much went to New York City small businesses, shouldn't that be one of the lessons of this World Cup?
For the next mega event, whether it's the Olympics or something else, shouldn't we decide beforehand
that we're going to measure how much of that economic benefit
if it actually reaches small businesses, and then come up with a metric or a series of metrics to determine how we're going to get there.