Tuesday, November 4, 2008

Cash Flows From Waterfalls

The 2008 exhibit, “Waterfalls” overflowed city coffers with $68.6 million in economic activity … $13.4 million over estimates. Approximately 79,200 additional tourists visited New York City to see the East River’s water pouring forth from designer Olafur Eliasson’s four man-made structures. Circle Line reported water tour sales were up 213,000 compared to the same time last year. So what public art project is “on tap” next, Mayor Bloomberg?

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