Local Economic Impact
Orange County officials sometimes refer to Woodbury Common as the county's cash cow as the sales tax collected on the clothing and footwear sold at the center, even after recent reductions by the state, provides a significant portion of the county's revenue. The center is also a significant part of the local property tax base, particularly for the Monroe-Woodbury Central School District.
However, it was also believed by many county residents to account for what was, until recently, a dearth of quality shopping opportunities on the west side of the Hudson as opposed to those available across the river, in southern Dutchess County. Retailers, according to this theory, were not willing to compete with a large outlet mall for visitors. They also believed that Woodbury Common saturated the upscale-shopping market in the county (Orange County's other two malls of note, the Galleria at Crystal Run and the Newburgh Mall, are geared to more downscale shoppers). So residents looking for upscale shopping long visited the Palisades Center in Nyack, Danbury Fair Mall in Connecticut or the various malls in New Jersey.
Read more about this topic: Woodbury Common Premium Outlets
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