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Bike and pedestrian street improvements and economic activity in NYC
February 21, 2013
A new study concludes that recent New York City street improvements, including bicycle lanes and pedestrian plazas constructed to replace parking spaces and lanes of traffic, did not impede economic growth. Bennett Midland LLC, a public-sector consulting firm, developed and executed an innovative methodology using three data sources to quantify economic effects at a very granular level. Using a series of comparison areas to isolate the effects of the Department of Transportation’s improvements from other contemporaneous changes in the city, the study found evidence that the improvement projects may have contributed positively to economic activity in the neighborhoods around the improvement sites. Join Eric S. Lee and Ben Galeota-Sprung, president and principal respectively, of Bennett Midland LLC, to hear hear how these studies might be replicated in other communities.
Certificate Maintenance credits for AICP are available through WI-APA.
The final report from NYCDOTis available here.
A recording of the full webinar can be found here.
A PDF of the slides can be downloaded here.