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The Proposed Arena at Atlantic Yards: An Analysis of City Fiscal Gains and Losses

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This report, published by the Independent Budget Office, details the fiscal impact of the proposed Atlantic Yards arena in Brooklyn. It was found that over a 30-year period, the arena will cost the city more than it will generate in tax revenues. However, the arena will fiscally benefit the state, as well as create many new jobs.

Agency
Subject
Report type
  • Budget Report
Date published
  • 2009-09-10