Posted Jan 29, 2016, 6:12 PM
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New Yorker for life
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Join Date: Jul 2001
Location: Borough of Jersey
Posts: 51,899
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http://www.silive.com/opinion/index....efit_from.html
Staten Island stands to benefit from tourist boom (editorial)
Construction of the NY Wheel has begun.
January 26, 2016
Quote:
With tourism at a record high in New York City for the sixth year in a row, there is reason to expect a historic boom on Staten Island. We're nearing the heralded $1 billion renaissance on the North Shore.
Due to open in 2017 in St. George are two unique sites: the New York Wheel, a 630-foot high revolving observation platform, and the adjacent Empire Outlets, a collection of 100 stores in the city's first brand-name discount shopping complex.
The prospects seem bright for an economic windfall since millions of tourists arrive each year on the Staten Island Ferry, a world-class attraction known for its panoramic views of New York Harbor.
Soon they will have much more to see and do here.
Finally, there will be all sorts of reasons for visitors to get off the boat and look around before taking the return trip to Manhattan.
Country's most popular destination
The climate for success is established.
For international travelers, New York City is the most popular destination in the United States.
Tourism in New York hit a new peak last year with over 58 million visitors, including more than 12 million from foreign countries, according to statistics just announced by Mayor Bill de Blasio.
"As the safest and most exciting big city in America, we have so many rich offerings that continue to make the five boroughs a global draw," Mr. de Blasio said.
Growth last year was led by the city's four largest international markets: Britain, with a total of 1.192 million visitors; Canada with 1.072 million; Brazil with 926,000, and China with 852,000.
Huge economic benefits
For New Yorkers, the economic benefits of tourism are huge.
The total spending by tourists in 2014 in the city: $41 billion; total wages generated here: $22.5 billion; total NYC jobs supported by visitor spending: 362,085.
The effort by Staten Island to obtain a bigger share of the wealth is driving North Shore development.
Spreading the wealth is the job of NYC & Company, the city agency that promotes tourism in New York.
Fred Dixon, the president and CEO of NYC & Company, pointed out: "The city continues to evolve, always offering fresh reasons to visit again and again, with more new developments on the horizon."
The New York Wheel
Perhaps the biggest reason is the $500 million New York Wheel.
Back in 2012, then-Mayor Michael Bloomberg unveiled the plan to for the towering project to be built on city property near the Ferry terminal.
"The New York Wheel will be an attraction unlike any other in New York City — even unlike any other on the planet," he said. "It will offer unparalleled and breathtaking views, and is sure to become one of the premier attractions in New York City."
At this point, construction of the harbor-side Wheel is said to be about 35 percent complete.
The latest projections are for the Wheel to draw more than 4 million riders in 2017, its first year of business.
By comparison, the Empire State Building drew 4.3 million visitors in 2014. The Statue of Liberty draws about 3.5 million visitors per year.
Most of the riders on the Wheel are expected to arrive on the Staten Island Ferry, which already carries about 2.5 million tourists annually.
The price of a ride on the New York Wheel: $35.
Total revenue in the first year of business is estimated to be over $127 million, which includes money from a gift shop and parking.
Meanwhile, Empire Outlets is designed to lure both tourists and local shoppers.
It's billed by its developers as "the retail centerpiece of New York City's newest entertainment district of Staten Island's waterfront."
The complex will not only include stores, but also food and beverage offerings and a 190-room boutique hotel with a rooftop lounge overlooking the harbor.
Other sited being promoted
Other sites on the North Shore being promoted by NYC & Company include the Staten Island Yankees ballpark, Snug Harbor, the St. George Theater, Lighthouse Pointe and the Lighthouse Museum.
Tompkinsville's Flagship Brewing Co. has already become a new destination for those who want to get off the ferry and explore the North Shore on foot.
Owner Jay Sykes says roughly 20 to 30 percent of their visitors are out-of-towners.
"We're checking IDs from everywhere — Australia, England, China, everywhere," he said."We're even in Chinese and Japanese tour books."
Despite worries about congestion, which remain to be addressed, there is much to be gained from seeking to lure tourists to the North Shore of Staten Island.
The process is already well underway.
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