The Gates An Economic Hit

For New York and the Environment For New York City, the Gates was a bonanza. For the environment and NNYN, to which Christo and Jeanne-Claude gave a royalty-free license to sell Gates-related work, even more so.

Between February 12 and 27, an estimated four million people visited Central Park, the site of the Gates. That, according to the Central Park Conservancy, is more than five times the number that visit the Park during the same two-week period in a typical February. Of these 1.5 million were from outside the city, including 300,000 international visitors. Usually 13% of tourists are from outside the country but during The Gates, the international share increased to almost 20%.

The Mayor's office estimates that Gates visitors generated over $250 million in economic activity during a time that is traditionally slow and lackluster, Midtown hotels, for example, reported unusually high rates of occupancy. This year, through February 23, those hotels reported occupancy rates of 86.9% with room rates at $223.81. Last year, the same hotels reported occupancy rates of 73.6% with room rates at $194.25. During weekends of The Gates, the occupancy rates were well over 90%. The increase translates into a revenue increase of more than 18%.

Restaurants, large and small, and not just those adjacent to Central Park, reported an increase in patrons during The Gates. Business at Mickey Mantle's rose almost 110% on weekdays and 200% on weekends. Rosa Mexicana at Lincoln Center reported that lunch business increased 200% and sales are up 30% over last year. Nectar Coffee Shop, which has two locations on Madison Avenue (at 79th and 82nd), reported long lines for tables and a 20-25% increase in sales. Times Square restaurants Blue Fin and Ruby Foo's and other restaurants in the area such as the Brooklyn Diner, Cafe Fiorello, Trattoria Del Arte, Shelly's NY, and Redeye Grill all saw a significant increases in sales over the 16 days of The Gates compared to the same time period one year ago.

Culture also got a boost. The Cooper-Hewitt National Design Museum, located at 91st Street and Fifth Avenue, reported a 298% increase in attendance over the same period last year, as well as increases in gift shop and café revenue. El Museo del Barrio, on Fifth Avenue and 104th Street, said that weekend attendance doubled over previous years. The Metropolitan Museum of Art had a 90% jump in attendance. It said that attendance was 35% more than projected and revenue from gift shop and food sales 16% more than projected. The Museum of the City of New York reported a 78% increase in attendance and an increase in gift shop sales over their January figures. The Museum also sold out of Gates merchandise within days of the beginning of The Gates. In addition, the Whitney Museum of American Art reported a 17% increase in total attendance for the first week of The Gates, and an increase of 150% in the second week compared to the same period last year.

Visitors to www.NNYN.org ordered more than $500,000 prints on line and also purchased over 100 copies of The Metropolitan Museum of Art catalogue On the Way to the Gates. A month after the closing of the Gates, the interest continues, although not at the same frenetic pace. The Central Park Conservancy, which provided a number of services during The Gates, says it has sold approximately $4 million in Gates merchandise and $70,000 in other merchandise that it offers. During a typical February, the Conservancy sells approximately $15,000 in merchandise. The Conservancy also raised $158,760 through trolley tours of the Park for over 10,000 people and walking tours throughout.

The 16 days of the Gates display - and the weeks before and after -- - emphatically underscored the relationship between The Gates Project and Nurture New York's Nature. In February, the month in which The Gates enjoyed the greatest interest and visibility, the Nurture New York's Nature website, www.NNYN.org, recorded over 700,000 hits, more than four times the number recorded in January and more than twice the number recorded in March.

The interest in the Gates project and the desire to explore the Gates history further brought more than 37,000 visitors to the site - nearly 2,000 per day. And once at the sight they examined more than the prints for sale. They visited the various sections of the site, looking at the various NNYN programs as well as the news items and events. The continuing interest in the Gates in March brought in over 10,000 new visitors.






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