QUESTION
What is the estimated annual cost for New York City to maintain the heliports?
1:28:19
·
43 sec
The operators cover the maintenance costs for the heliports.
- The operators generate revenue from various activities like tours, especially at the Downtown Manhattan Heliport where over 90% of the revenue comes from tours.
- The operators have revenue sharing agreements where a portion of their revenue is passed down to the city.
- The focus is on increasing these revenues for the city by diversifying the revenue-generating activities at the heliports.
Amanda Farías
1:28:19
And how much does it cost New York City as estimated by EDC to maintain the hallowboards each year?
Anton Fredriksson
1:28:28
So the maintenance of the heliports is covered by the operator.
1:28:32
So Okay.
1:28:33
So they receive the the revenues from the various uses like tours, and in the case of the downtown Manhattan Elliport, it's over 90% to your earlier questions.
1:28:40
It's primarily tours that are then supporting the upkeep of the facility.
1:28:44
And then the revenues there's a revenue share agreement that is that then passes those revenues down to to the city.
1:28:52
And this is what we're hoping to, as you mentioned earlier, increase while still by diversifying the revenue uses at that in California.
Amanda Farías
1:29:01
Okay.
1:29:01
Thank you.