Same-sex Marriage in New York - Economic Impact of Allowing Same Sex Couples To Marry

Economic Impact of Allowing Same Sex Couples To Marry

The New York City Comptroller's office issued an updated economic analysis in May 2009 finding that New York State's economy could gain $210 million in the three years immediately following the legalization of marriage for same-sex couples.

According to Mayor Bloomberg, City Council Speaker Christine C. Quinn, NYC & Company CEO George Fertitta and New York City Clerk Michael McSweeney, "same sex-marriages in New York City have generated an estimated $259 million in economic impact and $16 million in City revenues" in the first year after the enactment of the Marriage Equality Act.

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