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 "COLLEGES PUMP $7.4B INTO LOCAL ECONOMY", Boston globe, March 8, 2003, Robert Gavin.
Greater Boston's research universities pump about $7.4 billion a year into the local economy, employing tens of thousands of area residents, supporting scores of businesses, and creating the "intellectual infrastructure" on which the region's knowledge-based economy is built, according to a study scheduled to be released next week.
The study, a draft of which was obtained by the Globe, is the most comprehensive look ever at the economic impact of higher education in Greater Boston, detailing the universities' roles as employers, purchasers of goods and services, and catalysts for economic development.
"FCBID Pushes Zoning Changes", Women's Wear Daily, March 11. 2003.
April 23rd New York Times article, "A NATION CHALLENGED: CHARITIES; Narrowly Drawn Rules Freeze Out Tens of Thousands of Indirect Victims, Report Says", cites our report.
ABSTRACT - United Way of New York City study finds that tens of thousands of indirect victims of terrorist attack on World Trade Center are struggling to obtain services because of narrowly drawn eligibility requirements for federal money and for charities set up after Sept 11; finds that those who lost livelihoods rather than loved ones as result of attack, even though they do not work in immediate area, fail to qualify for help and are losing homes, health insurance and peace of mind; says this puts further strains on city's nonprofit service providers; says ripple effect on economy extends far beyond Canal Street; charities are being cautious about way they disburse funds earmarked for Sept 11 victims following fuss made about American Red Cross practice of holding back some Sept 11 donations in reserve fund for future disasters.
Read the full report
New York Times quotes Appleseed founder Hugh O'Neill: Study Says Single-Rider Ban Hurts Economy
excerpt: "On any given day the impact might not be all that apparent to people or to businesses, but the cumulative effect over a year is going to be very large," said Hugh O'Neil, an economic development consultant and a former executive with the Port Authority of New York and New Jersey, who conducted the study along with Sam Schwartz, a traffic consultant and former deputy transportation commissioner for the city.
Appleseed's Hugh O'Neill offers a broader agenda for post-September 11th New York City.
MAGAZINE DESK | November 4, 2001, Sunday
No-Fun City
Hugh's quoted on page 56 of the article:
"What makes New York City, a center of world finance is a concentration of talented people and an enormous base of shared knowledge, the socialized knowledge of global finance and the innovative financial culture. None of that is embodied in any particular building."
Appleseed prepares winning Empowerment Zone application for Yonkers |
