NY Spent $2.4 Billion On Arts Buildings In 90s

A new study charts spending on arts projects in New York in the booming 90s. “The combined spending in public and private money for capital construction for these groups hit $2.4 billion during the 10-year period in question, $1.8 billion alone being spent from 1997 to 2002. The spending generated $2.3 billion in economic activity, including $512 million in wages, 2,255 full-time jobs, and $36 million in personal income, sales, and corporate revenues flowing back into the city coffers.”