NYC touts UN benefits in new report

AP News
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Posted: Dec 06, 2016 3:17 PM

UNITED NATIONS (AP) — The New York mayor's office is touting the benefits of hosting the United Nations headquarters with a new report examining the world body's economic impact on the city.

Penny Abeywardena, NYC Commissioner for International Affairs, said Tuesday that the U.N. Community generated $3.69 billion in total economic output resulting in approximately $56 million in net fiscal benefits to the city.

She said that approximately 25,000 full- and part-time jobs are created by the U.N., which directly employs 16,000 people.

The report estimates that the U.N. community generates a total of $110 million in fiscal revenue and costs the city some $54 million including costs for security and schooling, leaving some $56 million in revenue.