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Valuing Central Park's Contributions to New York City's ... - Appleseed

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Fig. 6. Museums by attendance within the <strong>Central</strong> Park area, 2006<br />

and paid <strong>to</strong>tal wages of more than $670.6 million.<br />

Similarly, the area surrounding <strong>Central</strong> Park is home <strong>to</strong> some of the most<br />

famous cultural institutions in <strong>New</strong> <strong>York</strong> City and the world. The Park<br />

predated virtually all of the institutions, many of which made strategic<br />

decisions <strong>to</strong> locate within or near <strong>Central</strong> Park.<br />

Forty-seven museums are located in the <strong>Central</strong> Park area. In 2006, these<br />

museums recorded a <strong>to</strong>tal of more than 18 million visi<strong>to</strong>rs. Two of the<br />

museums bordering the Park – the Metropolitan Museum of Art and the<br />

American Museum of Natural His<strong>to</strong>ry – accounted for more than half this<br />

<strong>to</strong>tal. Both ranked among the <strong>to</strong>p five museums in the U.S. as measured by<br />

attendance.<br />

Like hotels, the museums that cluster around the Park are major employers.<br />

In 2006, the 36 institutions for which data were available employed a <strong>to</strong>tal<br />

of 7,000 people in full- and part-time positions – about 77 percent of all<br />

museum employment in <strong>New</strong> <strong>York</strong> City.<br />

Several of the City’s leading venues for the performing arts – including<br />

Lincoln Center, Jazz at Lincoln Center, Carnegie Hall and City Center<br />

– are also located within a few blocks of the Park.<br />

Conclusion<br />

<strong>Central</strong> Park is a world-class athletic venue, a music performance space,<br />

a visi<strong>to</strong>r destination, a location for film and television production and<br />

commercial pho<strong>to</strong>graphy, and an anchor for the City’s hospitality industry<br />

and many of its leading cultural institutions. In each of these roles, it helps<br />

form the image that <strong>New</strong> <strong>York</strong> conveys <strong>to</strong> the world.

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