Comptroller Study Reveals Major Economic Impact of Greenmarkets

Crowd on a Saturday Morning by FarmPlate
Crowd on a Saturday Morning, a photo by FarmPlate on Flickr.

It’s no secret that Union Square is home to the oldest and largest greenmarket in New York City.  Since our greenmarket was founded in 1976, it’s fantastic to see so many others have popped around the City. According to a new report (PDF) by New York State Comptroller Thomas P. DiNapoli, New York City is home to 138 farmers’ markets. These markets are not only a boon to local residents and businesses, but also our regional farms and the greater local economy. The Comptroller’s report finds the value of direct-to-consumer sales in New York reached $362 million in 2009, up 57.4 percent since 2000.

“The Union Square Greenmarket has been a key component of the economic revitalization of the neighborhood and has contributed to the increasing pedestrian counts on the district,” said Jennifer Falk, executive director of the Union Square Partnership. “State Comptroller DiNapoli’s report supports what we experience every day in Union Square – the Greenmarket is vital to the local economy and our neighborhood.”

The Union Square Greenmarket operates on the north and west sides of Union Square Park on Monday, Wednesday, Friday, and Saturday from 8:00 AM to 6:00 PM. Stop by this week and pick up something local and healthy. To gain the greatest locavore experience, taste what our restaurants can whip up using the fresh ingredients of the market at Harvest in the Square, the Union Square Partnership’s annual fundraiser for Union Square Park.