Report: Higher ed pumps nearly $3 billion annually into Downtown Brooklyn
Downtown Brooklyn’s colleges, universities and law school annually pump nearly $3 billion into the local economy, generate nearly $17 million in state and local tax revenue, and provide more than 22,000 jobs, a study released by the Downtown Brooklyn Partnership has found.
The results, released Tuesday night, represent the first analysis of the combined impact and benefits of Downtown Brooklyn’s nine institutions of higher education.
These include NYU Polytechnic School of Engineering, Long Island University, Pratt Institute, St. Francis College, St. Joseph’s College, NYC College of Technology, Empire State College, Brooklyn Law School and Berkeley College.