New York City reaped $259 million of economic benefits from same-sex marriages in the first year of the law allowing the practice, Mayor Michael Bloomberg and Council Speaker Christine Quinn said.
At least 8,200 gay-marriage licenses were issued, accounting for more than 10 percent of the 75,000 wedding licenses issued in New York City in the past year, Bloomberg and Quinn said in a statement today, citing a survey conducted by NYC & Co., the city’s marketing and tourism office, and the city clerk’s office.
New York became the sixth and most recent state to legalize gay marriage a year ago after Governor Andrew Cuomo, a Democrat, signed the measure into law. More than 200,000 guests have since traveled from outside of the city to attend same-sex wedding receptions, and more than 235,000 hotel room nights were booked at an average daily room rate of $275, according to the mayor’s statement.
“Marriage equality has made our city more open, inclusive and free — and it has also helped to create jobs and support our economy,” Bloomberg, 70, said at a news conference in Lower Manhattan.
Bloomberg has focused on tourism to diversify the city’s economy beyond Wall Street, with employment in leisure and hospitality growing more than 100,000 in 10 years to 362,400 in June, according to the state Department of Labor.