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☆ Opening iconic New York City streets to pedestrians meant an extra $3 million in spending last year — and helped save local businesses during the pandemic
  + stars: | 2023-10-11 | by ( Juliana Kaplan | Eliza Relman | ) www.businessinsider.com   time to read: +6 min
Last year, New York City opened Fifth Avenue as a pedestrian street on December weekends. During the 2022 holiday season, New York City Mayor Eric Adams turned an 11-block stretch of the iconic Fifth Avenue into an "open street" for three weekends in December. This is just the latest example highlighting New York City's efforts to pedestrianize busy corridors. At the same time, Open Streets saw the number of businesses on them grow by 10%, while non-pedestrianized streets saw a 20% decrease in the number of businesses. However, there are downsides to Open Streets in New York City.
Persons: —, Eric Adams, Adams, That's, he's, Ting Liu, Tom Harris Organizations: New York City, Service, Mastercard, New, Office of Technology, Innovation, Bloomberg Associates, Times, Times Square Alliance, Columbia University Mailman School of Public Health Locations: New York, Midtown, New, —, Astoria, Queens, New York City
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