IDEAS home Printed from https://ideas.repec.org/a/sae/ecdequ/v12y1998i2p150-165.html
   My bibliography  Save this article

Spaces for Play: The Impacts of Entertainment Development on New York City

Author

Listed:
  • Susan S. Fainstein

    (Rutgers University)

  • Robert James Stokes

    (Temple University)

Abstract

The economies of many American cities have shown signs of recovery after the deindustrialization of the preceding two decades. Tourism has been one of the principal components of inner-city economic growth. Although building facilities for tourists represents a gamble for urban leaders, numerous examples of success exist. New York City possesses a sizable competitive advantage in the tourism sector The authors examine New York's tourism market. Case studies are presented of three tourist-based developments: the Jacob Javits Convention Center; the 42nd Street entertainment district, and a proposed stadium plan for the Yankees. These cases are typical of the type of tourist-based developments currently being pursued by many U.S. cities. It is concluded that tourism facilities are promising investments; this is tempered by considerations relating to the high levels of public subsidy demanded for projects-like the proposed Yankee Stadium development-that do not offer a sufficient return on public subsidy.

Suggested Citation

  • Susan S. Fainstein & Robert James Stokes, 1998. "Spaces for Play: The Impacts of Entertainment Development on New York City," Economic Development Quarterly, , vol. 12(2), pages 150-165, May.
  • Handle: RePEc:sae:ecdequ:v:12:y:1998:i:2:p:150-165
    DOI: 10.1177/089124249801200204
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/089124249801200204
    Download Restriction: no

    File URL: https://libkey.io/10.1177/089124249801200204?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Harrison S. Campbell, Jr., 2001. "Professional Sports and Urban Development: A Brief Review of Issues and Studies," The Review of Regional Studies, Southern Regional Science Association, vol. 29(3), pages 272-292, Winter.
    2. Clara Irazabal & Surajit Chakravarty, 2007. "Entertainment-Retail Centers in Hong Kong and Los Angeles: Trends and Lessons," Working Paper 8556, USC Lusk Center for Real Estate.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:ecdequ:v:12:y:1998:i:2:p:150-165. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.