How Bloomberg Philanthropies Invested In Public Art That Earned Millions

“According to Bloomberg’s math, the four winning projects based in Los Angeles; Gary, Indiana; Spartanburg, South Carolina; and a triumvirate of Albany, Schenectady, and Troy in New York generated $13 million for those four places, both in terms of new jobs, related neighborhood investments, and visitor spending. More than 10 million people are estimated to have viewed those works, which not so subtly encouraged water conservation, culinary job training, better-lit public spaces, and improvement to blighted buildings, respectively.”