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A month before the first World Cup soccer match takes place at Met Life Stadium across the Hudson River, only 25% of the available rooms in New York City hotels have been booked for the six weeks when matches will be held.
FIFA says demand is unprecedented and that every one of the 104 matches across the country will be sold out, even as it continues to release tickets as match days approach. Meanwhile, resale prices for every match are falling in a sign of weak demand.
The sky high cost of actually getting to Met Life stadium and rapidly rising air fares as a result of the Iran war are two more blows to the event’s prospects.
The result is that an economic boost that FIFA claimed would exceed $3 billion for the New York area is likely to fall well short, leaving the city to spend far more on managing the event than it will receive in tax revenue and economic activity.
“The branding effect of the World Cup was always overstated because New York and New Jersey already have a lot of visibility internationally,” said Danielle Zanzalari, assistant professor of economics at Rutgers. “Places like Cincinnati and Kansas City would benefit more from the international exposure.”
In Queens, no Manhattan-bound F trains between Sutphin Boulevard and 75 Ave. from 9:45 a.m. to 3 p.m. Find all the MTA’s planned changes and the latest delays here.
Alternate side parking 🚙
It’s in effect today, May 12.
By the way …
Warm weather means spending more time outdoors, where you are more likely to encounter the other creatures who also live in New York City. Check out our guide to safely dealing with wild animals.
Our Other Top Stories
Councilmember Vickie Paladino and the City Council settled their feud over her anti-Muslim social media posts, with the Queens Republican agreeing to delete her tweets and remove any mention of her job from her personal accounts. The Council’s ethics committee dropped the charges it had filed against Paladino as she withdrew her lawsuit against the Council.
Tech experts and advocates are raising alarms as the city’s Correction Department prepares to renew a multimillion-dollar contract with a prison telecom giant that’s bragged of using recordings of detainees’ private phone calls to train its artificial intelligence model.
Will New York State ever pass the budget that was due more than a month ago? And how is New York City supposed to work out its own budget, which it’s legally required to balance and pass by the end of June, without knowing how much money the state is providing? All that and much more gets discussed on the latest episode of the FAQ NYC podcast. Listen here.
Things To Do
Here’s what’s going on around the city this week.
Tuesday, May 12: Hear a talk from photographer Rick Smolan, a New York Times bestselling author with over five million books in print. Free, at 7 p.m. Register here.
Tuesday, May 12: Practice Tai Chi, a traditional system of health and self-defense, on the Fountain Terrace at Bryant Park. Free, from 7:30 a.m. to 8:30 a.m.
Wednesday, May 13: Frida Kahlo's grand-niece and her daughters celebrate their new book about their family home, which was once Frida's personal sanctuary. Free, at Rizzoli Bookstore at 6 p.m. Register here
THE KICKER: Twenty different grandmothers now volunteer at the “Grandma Stand” in Central Park, a place anyone can visit when in need of the advice and compassion only a granny can deliver.
Thanks, as always, for reading. Make it a great Tuesday.
Love,
THE CITY
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