Economic &
Fiscal Impact Assessments

Economic Impact Analysis enables an organization to determine the value of its sales, employment, operations, visitor spending, and/or capital investments on the local economy.  Looking at direct spending and how those purchases ripple through the economy as both indirect and induced effects, Urbanomics uses the industry's leading input-output models to determine the value of each action or event on a zip code, county or regional basis in terms of employment, value-added, and output (GDP). Fiscal impact analysis is the estimation of likely property, sales, and corporate tax costs and benefits due to the construction and operation of a facility. In the case of tax exempt organizations, fiscal contributions are derived from visitor spending at both the client organization and surrounding local businesses.

Our work has included socioeconomic analysis support documents for CEQR and SEQRA submissions from small-scale development sites  to a neighborhood rezoning on the scale of the East Midtown Rezoning Revisions EIS and FEMA-based Benefit Cost Analyses of resiliency projects. We also have experience in looking at the likely impacts of an infrastructure investment in terms of value-capture.  Of special interest to Urbanomics is quantifying the number of public school children likely to come out of multi-family development. Appreciative of the sensitivity of this topic, Urbanomics’ has worked with municipalities and school districts in cooperation in order to test Rutgers and PUMS multipliers in order to come to a mutually beneficially determination of impacts.

La Marqueta Potential Re-Use Study

Placeful Company

Economic Impacts of the NYC Construction Industry Study

Building Trades Employers Association

Sing Sing Prison Museum Impacts Analysis

Historic Hudson River Towns

Vision42 Economic Impacts Studies & Financing Plan

Vision42

East Harlem Resiliency Plan Benefit-Cost Analysis

New York City Department of Parks & Recreation

Brooklyn Tech Triangle: Economic Impacts of Tech & Creative Sectors

Downtown Brooklyn Partnership, Brooklyn Navy Yard Development Corporation & the DUMBO BID

FWRA Flushing Waterfront Economic Impacts Study

FWRA LLC

Riverside Revitalization BOA

Renaissance Downtowns

Riverfront47 Market Analysis

Alpha Capital

Imperial Schrade Market Analysis & Fiscal Impacts Analysis

Ellenville Development Partners

Gardens At Harriman Station Market Analysis & Impacts Analysis

Gardens at Harriman Station, LLC

Westchester Pavilion Market Analysis & EIS

Urstadt Biddle Properties