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NYC Tourism Approaches Full Recovery
New York’s tourism sector is approaching a complete recovery as visitor spending and related tax revenue have surpassed pre-pandemic levels, according to a new report from New York State Comptroller DiNapoli. The City estimates it will exceed pre-pandemic levels and welcome a record 68 million visitors by 2025.
“The number of tourists is nearly back to pre-pandemic numbers in New York City,” DiNapoli said. “Visitor spending and the tax revenue this industry generates already exceed pre-pandemic levels, but the industry’s recovery won’t be complete until we see a full return of international and business travelers, and a full recovery of local jobs. Our City and State leaders need to focus on keeping New York a desirable and safe destination for individuals and families from around the world.”
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New York's local Industrial Development Agencies reported 4,320 active projects with a record high total value of $132 billion in 2022, an increase of $5 billion (3.9%), from 2021, according to State Comptroller DiNapoli’s annual report.
State Comptroller DiNapoli and Ulster County District Attorney Emmanuel C. Nneji announced that Gina Bradshaw, an office manager for numerous doctors’ offices in Manhattan, has pleaded guilty to defrauding the New York State Insurance Plan out of more than $12,000 by submitting phony medical claims for reimbursement. She was arrested in September 2023 following a joint investigation by Comptroller DiNapoli, the Ulster County District Attorney’s office, the Federal Bureau of Investigations – Hudson Valley White Collar Crime Task Force, and the New York State Police.
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