Super Bowl Economics: NY May Profit More Than NJ

NPR

Published January 24, 2014 at 1:35 PM EST

Next week’s Super Bowl XLVIII is expected to bring $600 million to the New York/New Jersey region, says the NFL. But how much of that will stay in New Jersey, the host city, isn’t clear.

Hotels and homeowners on both sides of the Hudson River are trying to profit as football fans come to the region to attend the game at MetLife Stadium.

But with questionable weather and high ticket and airplane prices, Denver Bronco and Seattle Seahawk fans are slow to make purchases. There are plenty of seats available on the secondary retail market, and the average price is expected to drop.

Marty Schenker of Bloomberg News joins Here & Now’s Jeremy Hobson to explain.

Guest

Marty Schenker, executive editor of Top News for Bloomberg. He tweets @mschenker.

More from WGCU

Environment

Introduction for Barred Owls

Dr. Jerry Jackson

The Barred Owl is perhaps our best-known owl because it is active during the day as well as at night, nests and hunts in cities as well as in mature forest, and is somewhat tolerant of human observers. Barred Owls get their name from the vertical “bar” stripes on its breast. They are also well known for their distinctive “eight-hooter” call cadence of the phrase “Who cooks for you …Who cooks for you all. Barred Owls feed on a diversity of small animals – ranging from mice, small birds, small snakes, lizards, insects, and especially crayfish.
Human Interest

Early settler and Union drummer boy Christian 'Dad' Funck to be remembered during Memorial Day ceremony at Old Fort Myers Cemetery

Tom Hall

Union soldiers will be honored on Memorial Day with taps and flowers by the Colonel Robert Barnard Sons of Union Veterans of the Civil War Camp 2. Special attention will be paid to early settler Christian Henry Funck, who enlisted at age 13 as a drummer in the Union Army during the Civil War.
Human Interest

Annual homeless count in Collier shows major decrease; but do the numbers tell the whole story?

Eileen Kelley

Point-in-Time surveys are conducted one day each year.

Accessibility Note

Super Bowl Economics: NY May Profit More Than NJ

Guest

Local News, Right Sized for Your Morning