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The brief but busy reign of Sen. George Helmy is coming to an end

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The brief but busy reign of Sen. George Helmy is coming to an end

He was named to fill the seat opened by Sen. Bob Menendez after his conviction, but it’s almost time to go…
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New York, New Jersey to examine whether World Cup funds were money well spent

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New York and New Jersey planned to spend roughly a half billion dollars hosting eight World Cup matches, including today’s final. But once it’s over, lawmakers in both states want to know if they got their money’s worth.

In New York City, Councilmember Virginia Maloney, who leads the chamber’s committee on economic development, is going to lead that examination.

“First I want to make sure we recouped our cost,” she said in an interview on Friday at a coffee shop in her Manhattan district, which includes the Upper East Side. “I’m not confident we can say that.”

She said data seems mixed on how well hotels did because of the World Cup. Bookings initially appeared low, but it seems like hotels recovered closer to the matches. However, it’s not clear if that’s because of the World Cup or the other major events happening this summer in the city, including the July 4th festivities and the Knicks’ championship win — which means an analysis will have to try to untangle what economic activity happened because of the World Cup and what would have happened anyway.

“What is irrefutable is that bars and restaurants were seeing a lot more activity and action in New York, and that translates into real economic benefit for New Yorkers,” Maloney said.

Maloney attributes that to a lot of things, including a law signed by Gov. Kathy Hochul to temporarily extend hours for bars and restaurants.

One report from the Queens Chamber of Commerce found a 30 percent increase in businesses for people going out to drink and eat.

“The economic benefit was not necessarily people who were going to the World Cup, but just people participating in the summer of New York, going to all five boroughs to celebrate or be out together,” she said.

The host committee released a study last summer predicting $3.3 billion in economic impact across New York and New Jersey, including about $432 million in state and local tax revenues.

Maloney worried about rosy projections from FIFA and its boosters compared to the reality on the ground. A preliminary study by the host committee of just the group stage found $1.2 billion in direct economic impact, Bloomberg reported.

Maloney views the experience as a learning opportunity for other big events the city puts on, including future political conventions and the 2042 Olympics, which the state and city are exploring a bid for.

“It should be something that you can make a playbook out of, not where you’re starting from scratch every time there’s a major event,” Maloney said.

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Did World Cup permanently change ticket-price politics?

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Stories of fans left outside stadiums, duped by “ghost tickets” on resale platforms, were everywhere at this year’s World Cup. But advocates are hopeful the near-endless stream of negative headlines and angry supporters will spur long-sought-after laws to outlaw the practice of speculative ticket selling, when resellers put tickets they don’t yet have on the open market.

At the state level, it would seem they’re right.

Illinois, North Carolina and Washington, D.C. have all passed legislation banning speculative ticket sales since the beginning of the World Cup. Connecticut, Oregon and Vermont have also enacted ghost ticket bans this year. And Massachusetts Gov. Maura Healey announced her intention to file a bill prohibiting ghost tickets – among other consumer-friendly initiatives – on Thursday.

“It’s definitely raising eyebrows in the state of politicians and legislators to really ban ghost ticketing, speculative ticketing,” said Scott Friedman, podcast host and co-founder of the Ticket Talk Network. “When you have it happen at this scale, that not just affects the United States, it’s a global tournament for heaven’s sake. Absolutely, change is coming.”

“You see dozens of these bills percolating around the country,” said John Breyault, vice president of public policy, telecommunications and fraud at the National Consumers League. “Most of which have some kind of ban on speculative tickets.”

There’s action at the federal level, too. Though advocacy groups aren’t exactly aligned on a path forward in Congress. Breyault and the NCL have been active in promoting the TICKET Act, which passed the House in April and moved through the Senate Commerce Committee in June.

Proponents say the bill would ban speculative ticket sales and safeguard consumers against fraudulent ticket websites.

“In this environment, where Republicans and Democrats can’t agree that the sky is blue on some days, that’s a rare occurrence,” Breyault said.

But Stephen Parker, the executive director of the National Independent Venue Association, said the “you could drive a Mack Truck” through the TICKET Act’s ghost ticketing provisions. Music groups, too, have panned the bill, arguing it would still allow speculative ticket sales by permitting sellers to advertise ticket procurement services for tickets they do not yet possess.

For now, Parker said, the most encouraging action is happening in the states.

“This is happening across the country, and ultimately, what we are seeing is state legislators from both parties saying enough is enough. If Congress isn’t going to do something, we are, and we couldn’t be more grateful for their work.”

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It’s Giuliani (extra) time

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White House FIFA Taskforce executive director Andrew Giuliani told me on Friday that he wanted this match to go to overtime.

You might have called the overtime, I told him as the players prepared to return to the field after 90 minutes.

“We can thank Martinez for playing out of his mind!!” he texted back, in reference to Argentina’s goalkeeper Emiliano Martinez.

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