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The total number of on and off-site jobs created during construction are estimated to range from 274 to 360. |
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Between 156 and 206 of these jobs are expected to be local new hires or preservation of existing jobs currently within the city. |
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Total spending during construction will be boosted by between $8.26 million and $12.15 million in New York. |
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Total tax revenues associated with the direct and indirect income and associated spending during the construction is estimated to be between $2.367 million and $4.154 million. |
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In addition, there is a permanent annual accrual of property taxes that is estimated to be roughly $5.315 million. Over the first 50 year period, the total current and constant property tax dollars are estimated to be more than $265 million. |