CARBON ZERO CITY

THE
CLIMATE CRISIS
FOR CITIES IS
CODE RED

Global temperature records continue to be shattered. This spring (2024) atmospheric CO₂ levels soared past 428 parts per million (ppm), a new record, and are rising at an accelerated rate.

Hotter temperatures, rising sea levels, economic turmoil, mass migrations, food scarcities, disrupted ecosystems, ocean acidification, strained infrastructure, increased health risks, heightened energy demands, escalating insurance costs.

While there are no silver bullets, what is needed is a way to encourage deployment of products, services and solutions on a massive scale.

Atmospheric CO₂

Atmospheric CO₂ at record highs (Mauna Loa, NASA).

The 1.5°C threshold

CO₂ driving temperatures above the 1.5°C threshold (Columbia University).

Projected costs

Climate costs projected by 2050 (World Economic Forum).

THIS IS A PROPOSAL TO TRANSFORM NYC'S FINANCIAL DISTRICT (FIDI) INTO A MODEL
CARBON ZERO
CITY

MAJOR OBJECTIVES FOR CREATING A CARBON ZERO CITY

For Earth
Accelerate deployment of climate-related solutions
Enable cities to reduce CO2
Enable cities to prepare crisis impacts

For NYC
Stimulate immediate and long-term economic growth
Drive demand for vacant office space
Create thousands of jobs of all types
Increase tax revenues from various sources
Improve quality of life for citizens, workers, and tourists

BUT THE ECONOMIC POTENTIAL OF ADDRESSING THE CRISES IS PROFOUND

Massive Market

A recent McKinsey report found that reaching net zero by 2050 could entail a 60 percent increase in capital spending on physical assets, compared with current levels. The required investments amount to $9.2 trillion per year until 2050, of which $6.5 trillion annually would go into low-emissions assets and enabling infrastructure. Addressing the carbon crisis could be a massive economic engine for forward-thinking cities. Urban populations are growing, affecting cities across the globe. NYC's focus on urban areas is extensive.

Physical and Virtual

Carbon zero is potentially almost 5x larger than Texas' current economy.

Across Many Industries

AN ENTIRE ECONOMY, NOT JUST AN INDUSTRY — Focusing on a carbon zero economy, rather than a single industry, dramatically enhances economic expansion, job creation, and tax revenues. In addition to being larger, it also enables opportunities between industries.

McKinsey Report

INVENTropolis will Strengthen NYC's Economic Prowess

Establishing FiDi as a global marketing and thought leadership hub can significantly boost NYC's reputation as a commercial and innovation center. Our IC strategy aims to attract high-value companies in the carbon net zero space to FiDi, creating initiatives that address three critical economic needs: job creation, tax revenue growth, and general economic expansion.

INVENTropolis will Foster NYC Tourism

In 2023, NYC welcomed 62.2 million visitors, including 11.6 million international and 50.6 million domestic tourists, generating 380,000 jobs and accounting for 9% of the city's workforce. The tourism industry also supports various small and minority-owned businesses across the five boroughs, resulting in $48 billion in direct spending, $74 billion in total economic impact, and over $6 billion in tax revenue.

INVENTropolis will Increase Demand for Vacant Office Space

As of January 2023, only 52% of Manhattan office workers reported to work on an average weekday, with employers projecting 56% as the "new normal" average daily occupancy. The FiDi area faces significant challenges, with the Financial West and Insurance sectors experiencing the highest vacancy rates in Manhattan, according to the Cushman Wakefield Marketbeat report for Q4 2023.

INVENTropolis will Drive Regional Economic Development

By attracting financial concerns in the carbon net zero space to FiDi, INVENTropolis will also drive growth in other parts of the value chain, such as design, engineering, and manufacturing, across the five boroughs and regions like upstate New York and the tri-state area. This can lead to a broader regional economic development impact, further solidifying NYC's position as a hub for innovation and commerce.

POWERFUL DEMAND DRIVERS OF THE CARBON ZERO ECONOMY

Arguably the Most Powerful is that the Climate Crisis is Existential

Supporting the economic opportunity are powerful demand drivers. Atmospheric CO₂ worldwide has increased by 50% since the late 1950s and is increasing at an accelerating rate. Recently shot through 428 ppm (NOAA) well on its way to the often considered point of no return of 450 ppm. Without action, it will just continue to increase. At some point, human civilization cannot survive. All of this points to a desperate need for action.

Projected NYC Temperature Increases (source: NPCC, 2023) — Higher temperatures will strain public health systems, disproportionately affect vulnerable populations, exacerbate the urban heat island effect, and increase energy consumption and greenhouse gas emissions. Additionally, they can deteriorate air quality, heighten heat-related illnesses, and adversely impact infrastructure by causing materials to expand and deteriorate more rapidly.

Projected NYC sea level rise in feet (source: NPCC, 2023) — Rising sea levels will increase the risk of flooding and storm surges, threatening homes, businesses, and critical infrastructure. Coastal erosion and saltwater intrusion could damage natural habitats and compromise freshwater supplies. The financial burden of protecting or rebuilding affected areas will be substantial, necessitating comprehensive resilience planning.

Another Driver is Surging Population

By 2050, an estimated 65% of the global population is expected to live in urban areas. The market for urban responses to the climate crisis is only going to grow.

IMPLICATIONS:
Higher demand for housing
Strain on public transportation
Increased waste production
Higher demand for urban healthcare
Increased traffic congestion
Challenges with water supply
Strains on food supply chain

Global population continues to shift towards cities (source: United Nations) further underscoring the imperative of making FiDi a model carbon zero, climate crisis ready city.

And Notablly Growth in Developing Markets

The growth of cities will increasingly be in developing markets that already lack much critical infrastructure. Lagos, Nigeria will be 5x larger than current metro NYC. With 800 languages spoken, diaspora from everywhere, and the UN, NYC has links to countries around the world. Inventropolis whill have a special focus on deploying in developing markets.

City/metro populations 2018 — Many have working transportation and other infrastructure.

City populations 2100 — Many of these already lack infrastructure, and if this is not addressed, these cities will generate significant atmospheric CO₂.

Crisis Global, Opportunity Global

The need and thus the addressable market for carbon zero solutions extends way beyond NYC. The World Economic Forum projects annual damages from the climate crisis globally to be between $1.7 and $3.1 trillion by 2050.

Its not just NYC at risk. More scenes from the future.

Dhaka at Risk

NEWS RELEASE: April 12, 2042

Dhaka faces unprecedented danger as overcrowding, rising sea levels, and extreme weather patterns converge, threatening millions and putting vital resources at severe risk.

London Alert

NEWS RELEASE: June 7, 2035

London on high alert as the Thames Barrier nears catastrophic failure, with escalating flood risks threatening to paralyze the city’s transportation and displace thousands.

Shanghai Confronts Crisis

NEWS RELEASE: October 23, 2056

Shanghai is on the brink as rising seas and extreme heatwaves unleash severe floods and spark urban unrest, challenging the city’s infrastructure and safety.

Dallas on the Brink

NEWS RELEASE: March 15, 2048

Dallas teeters on economic collapse after enduring a blistering summer with temperatures soaring to 120°, pushing the energy grid and public health to their limits.

Havana's Health Crisis

NEWS RELEASE: December 19, 2050

Havana grapples with a health crisis as rising seas and relentless heatwaves heighten health risks, particularly for the city’s vulnerable elderly population.

DC Overwhelmed

NEWS RELEASE: July 28, 2030

Washington DC is overwhelmed by an influx of refugees from Florida, fleeing relentless storms and rising sea levels, putting unprecedented strain on local resources.

A TRANSFORMED FIDI WILL BE A MASSIVE, GLOBAL MARKETING ENGINE FOCUSED ON URBAN SOLUTIONS TO THE CLIMATE CRISIS

Buyers and Sellers

Inventropolis is a pioneering initiative that connects buyers and sellers of innovative solutions, setting the stage for widespread deployment. By creating a dynamic marketplace, Inventropolis fosters essential partnerships and facilitates the exchange of ideas, technologies, and resources. This crucial early step ensures that effective solutions are rapidly identified, funded, and implemented, accelerating the transition to sustainable urban environments and addressing pressing climate challenges.

Physical and Virtual

Inventropolis is complementing the physical and the events with a presence online. This includes Metaverse Expansion: Enhancing FiDi as a carbon zero capital with virtual platforms to boost global engagement.

Portfolio of Events

Events Portfolio: A range of events designed to synergize physical and virtual spaces, enhancing global connectivity.

Ultimately Deploy

Carbon Zero City is actively seeking partnerships with financial institutions, architectural engineering firms, and other organizations to facilitate connections between sellers and buyers. These partnerships aim to support the deployment of innovative solutions, ultimately advancing the mission of achieving a carbon-neutral city.

Meet: Foster ideas and connections. Carbon Zero City provides spaces for networking and exchanging ideas, sparking critical innovation phases.

Deal: Secure deals and partnerships. Carbon Zero City offers access to investors and strategic alliances, facilitating deal-making and funding.

Deploy: Launch and scale projects worldwide. Carbon Zero City acts as an urban testing ground for deploying innovative solutions and conducting pilot projects.

Deployment is a Differentiator.

Transforming FiDi into a carbon zero district is crucial for demonstrating the large-scale deployment of climate solutions, setting it apart from conventional incubators and events. While incubators and events are vital for brainstorming and raising awareness, a carbon zero FiDi exemplifies extreme deployment by implementing real-world solutions in an urban setting. FiDi's transformation showcases how sustainable practices can be scaled and replicated globally, making it a blueprint for cities worldwide to follow in the fight against climate change.

IT'S MORE THAN AN INCUBATOR, IT'S A SUPER CHARGED MARKETING ENGINE

A Marketing Engine

Boosts the promotion of essential climate solutions in cities worldwide. It raises awareness, educates on key offerings, and drives demand by engaging policymakers, businesses, and communities. It influences policy, highlights successful projects, and secures investments to advance environmental initiatives.

Supports Incubators

Unlike a marketing engine, incubators assist startups by offering essential resources such as mentorship, office space, technology access, and investment opportunities. Carbon Zero City's mission is not about incubation. However, Carbon Zero City plans to collaborate with numerous incubators to attract their graduating clients to NYC, boosting job creation, economic growth, and tax revenues.

CLIMATE ZERO CITY LOOKS TO SPECIFICALLY PARTNER WITH NYC'S INCUBATORS
Cornell Technion — Located on Roosevelt Island, promotes academic excellence and innovation, specifically focusing on nurturing startups in the climate technology sector and promoting sustainable practices.
Governors Island Climate Center — Dedicated to developing innovative urban solutions aimed at improving the quality of life, with a particular focus on sustainable and healthy living environments.
Brooklyn Navy Yards — A vibrant epicenter for urban manufacturing and innovation, fostering a community of forward-thinking creators and entrepreneurs.
Climate Innovation Hub at the BAT — Offers comprehensive support for innovators in the climate sector, including prototyping, testing, and bringing green technologies to market.

TRADE MART, TRADE SHOWS AS BUSINESS PRECEDENT

FiDi (Financial District) is the ultimate trade mart for climate-related products and services due to its dynamic real-world environment, strategic location, and cutting-edge infrastructure. Unlike traditional trade shows in controlled settings, FiDi offers immediate access to investors, policymakers, and industry leaders in the heart of New York City. FiDi a living laboratory for climate solutions. Inventropolis' vision of using FiDi as a real-world trade mart transforms the conventional trade show experience, making it the perfect location for advancing the global climate agenda.The Futurama exhibits sponsored by GM at the 1939 and 1964 NYC World’s Fairs captivated the public’s imagination.

Trade Marts

are where companies, from startups to industry giants worldwide, showcase their products and services in dedicated showrooms. Inspired by the spirit of world’s fairs, IC would leverage modern technology. IC aims to create immersive exhibits utilizing virtual reality (VR), augmented reality (AR), and mixed reality (MR).Both trade marts and trade shows will attract the carbon zero focus of companies to NYC thereby addressing vacancy issues. Both also foster valuable business tourism.IC exhibits would be funded by exhibiting companies or through a shared pool contributed by companies and contributors. Exhibits provide opportunities for product placement revenues and can incorporate embedded advertisements.

AmericasMart (Atlanta, USA) — Wholesale destination with extensive showrooms and exhibits for various markets.

Merchandise Mart (Chicago, USA) — A key center for design and style, featuring premier retail and luxury goods events.

Frankfurt Messe (Germany) — A top trade fair company known for hosting major events like the Frankfurt Book Fair.

Canton Fair (Guangzhou, China) — The largest biannual trade fair in China, showcasing a wide array of products.

Design Centre, Chelsea Harbour (London, UK) — Design hub with luxury showrooms and design-focused events.

Trade shows

complement trade marts and can also be used to sell the Carbon Zero City trademart concept in markets worldwide. IC would analyze successful models like the Consumer Electronics Show (CES) in Las Vegas, which draws 180,000 visitors and 4,000 exhibitors over 4 daysBoth trade marts and trade shows will attract the carbon zero focus of companies to NYC thereby addressing vacancy issues. Both also foster valuable business tourism.

Canton Fair — China's largest trade fair, showcasing a broad range of products in Guangzhou.

Consumer Electronics Show (CES) — Annual event in Las Vegas featuring innovations in consumer technologies.

Hannover Messe — One of the world's largest industrial technology fairs, held in Germany.

Bauma — The world’s leading trade fair for construction machinery, in Munich, Germany.

Mobile World Congress (MWC) — The largest mobile industry exhibition, based in Barcelona.

IFA Berlin — Major trade show for consumer electronics and home appliances in Germany.

SIAL — Major global food industry marketplace, also in Paris, France.

For international marketing, location really matters.

The now-defunct International Design Center of New York (IDCNY) highlights the pitfalls of poor location choices in economic development. Despite ambitions to establish a central design marketplace in Long Island City during the mid-1980s, it failed to draw tenants or visitors due to oversight of critical location factors at that time, leading to its quick demise. In contrast, FiDi stands out as an exceptional location for promoting urban products and services.

IDCNY OBITUARY

STARTING WITH NYC, FIDI IS AN IDEAL LOCATION FOR A GLOBAL HUB

It Starts with NYC

It is already a world capital, uniquely positioned to lead in combating the climate crisis. As a global innovation hub, it attracts top talent and cutting-edge technology. Its diverse buildings and infrastructure make NYC an ideal showcase and testing ground for climate solutions.

Wall Street, the UN, setting worldwide trends.
Home to tech giants, startups, and cutting-edge research.
8.5 million proper, 22.5 million metro.
The nerve center of global banking and investment.
WSJ, NY Times, NBC, ABC, Fox, all headquartered in NYC.
If NYC were a country, its economy would rank about 10th globally.

Most Transit Accessible Neighborhood

FiDi is the most transit accessible neighborhood in the US or Canada . FiDi includes 13 subway and 2 PATH lines, 18 ferry routes (7 piers), 30 bus routes, numerous CitiBike stations, access to both the Hudson and East River Greenways, convenient to the Javits Center and the UN, and easy access to JFK, LGA, and EWR airports.

Significant Available Space

AVAILABLE SPACE FOR EXHIBITS AND SHOWROOMS. Ideal for companies from around the world. 30% vacancy rate; many buildings not suitable for residential conversion. To minimize financial risk, Inventropolis is designed to start with as little as 10,000 sf, and grow with demand to 10 million square feet.

Zone	Total	Available
Finance East	29,924,952 sq ft	7,966,073 sq ft
Insurance	12,587,451 sq ft	4,678,003 sq ft
Finance West	6,211,658 sq ft	2,103,351 sq ft
World Trade	24,144,411 sq ft	4,814,215 sq ft

One of the World's Most Historically Significant Districts

HISTORICALLY RICH. FiDi's legacy spans from the Dutch confiscation of Lenape land and establishing a settlement in 1625, its role in forming the US, being home to Wall Street and even today having the world's largest gold reserves.

Surrounded by One of the Largest Mitigation Projects on the Planet

LOWER MANHATTAN COASTAL RESILIENCY PROJECT. The LMCR, valued at $5-7 billion, is underway and is to enable Lower Manhattan to withstand coastal storms and rising sea levels. Features:

Seawalls and Flood Barriers: Construction of seawalls, levees, and deployable flood barriers to protect the coastline from storm surges and high tides.
Enhanced Drainage Systems: Upgrades to the drainage infrastructure to handle heavy rainfall and prevent flooding.
Elevated Parks and Green Spaces: Creation of elevated parks that can act as buffers against flooding while providing recreational areas for the community.

Blue Highway

BLUE HIGHWAY. Announced by the Mayor's office. Aims to shift freight from the streets to the waterways, in part due to the rise of online deliveries. NYC will transform six waterfront locations, including Wall Street pier in FiDi, into maritime shipping hubs. These hubs will serve as access points for e-bikes and small delivery vehicles, potentially removing 6,240 short-haul trucks and significantly reducing truck travel and fuel consumption.

NYC Ferry: Launched in 2017, NYC Ferry operates multiple routes connecting different parts of the city, including Manhattan, Brooklyn, Queens, and the Bronx. It provides an affordable and scenic way to travel across the city.
Staten Island Ferry: One of the oldest and most famous ferry services, it offers free rides between Staten Island and Lower Manhattan, serving millions of passengers annually.

Overflow

ABLE TO ACCOMODATE LARGE CROWDS. Announced by the Mayor's office. Aims to shift freight from the streets to the waterways, in part due to the rise of online deliveries. NYC will transform six waterfront locations, including Wall Street pier in FiDi, into maritime shipping hubs. These hubs will serve as access points for e-bikes and small delivery vehicles, potentially removing 6,240 short-haul trucks and significantly reducing truck travel and fuel consumption.

PROFOUND ECONOMIC BENEFITS FOR NYC

In addition to the worldwide benefits from NYC through global leadership and accelerated deployment of carbon-zero solutions, Inventropolis will generate economic opportunities for NYC, including high-value jobs, boosted tax revenues, and investment-grade projects. This analysis will focus on two areas: jobs, taxes, and economic expansion due to improvements in real estate, and jobs, taxes, and economic expansion due to improvements in tourism.

Other improvements, such as fostering the growth of small companies (not in an incubator), enabling city initiatives like the Blue Highway and micro transit/cargo, and all the economic benefits associated with improved quality of life, are not included in this quantitative presentation.

Inventropolis will Improve Real Estate economics

This is good for property owners and taxpayers. At present vacancy levels seem to be worsening. 20 million square feet is vacant south of Chambers. Of that, 11 million is vacant south of Chambers and east of Broadway (Inventropolis target area). Rates are also worseing. For instance, according to Cushman, the Insurance sub-market's vacancy worsened from $35.4/sf to $37.16/sf in a generaly healthy economy.

Much of this space is undesirable for conventional office rentals, and does not lend itself easily to residential rennovations. Inventropolis uses the spirit of SoHo to enable creative repurposing by companies in the carbon zero economy.

(source: Cushman)	Finance East	Insurance	Finance West	World Trade	Total
Inventory	29,924,952 sf	12,587,451 sf	6,211,658 sf	24,144,411 sf	72,868,472 sf
Direct Vacant	5,401,774 sf	4,116,307 sf	1,736,017 sf	2,090,119 sf	13,344,217 sf
Sublet Vacant	2,564,299 sf	561,696 sf	367,334 sf	2,724,096 sf	6,217,425 sf
Total Vacant	7,966,073 sf	4,678,003 sf	2,103,351 sf	4,814,215 sf	19,561,642 sf
Vacancy Rate	26.62%	37.16%	33.86%	19.94%
Overall Asking	$54.95	$50.67	$52.28	$66.44
Enhanced Asking	$60.45	$55.74	$57.51	$73.08

Increased Demand for Office Space; Increasing Property Tax Revenues

Inventropolis provides two significant benefits for property owners. First, it stabilizes and improves very low asking prices. Second, it increases demand for space. This also benefits taxpayers by providing improved assessed values and fewer cases of tax relief. Key assumptions:

Tax generated: $14.71/sf (Comptroller)
Average Manhattan office rent: $70/sf (Colliers)
Class A rent: more than $100/sf (Colliers)

Benefit to Property Owners
For deals directly between companies and property owners or their agents, assume the 5 million square feet of space is split into 2 million square feet in the Insurance District (with an enhanced asking rent of $55.74/sf) and 3 million square feet in the Finance East District (with an enhanced asking rent of $60.45/sf). These figures are well below the Manhattan-wide rent of $74/sf.

Property owners in the Insurance District would receive $111,480,000 annually, and owners in the Finance East District would receive $181,350,000 annually. In total, property owners would receive $292,830,000 annually as a result of Inventropolis. Calculating the NPV over ten years, using a 7% discount rate, generates a value of $2,350,322,237.

Submarket	Square Feet	Enhanced Asking Rent	Annual Revenue
Insurance Submarket	2,000,000 sf	$55.74	$111,480,000
Finance East Submarket	3,000,000 sf	$60.45	$181,350,000
Total	5,000,000 sf		$292,830,000

Benefit to New York City Taxpayers from Increased Demand
Taxes are payable regardless of occupancy but do affect assessments. Assuming increased or stabilized rents of 10%, $63 million in additional tax income annually from enhanced or stabilized property values. Using the Comptroller's $15/sf and Colliers' $74/sf, taxes represent 20% of the rent. Using Cushman's numbers, the four districts south of Chambers total 72 million square feet of space, with a valuation of $4.2 billion in annual potential rent. Assuming Inventropolis increases rents by 10%, this generates $63 million in annual property tax benefits for NYC as a result of Inventropolis. Calculating the NPV over ten years, using a 7% discount rate, generates a value of $503,565,729.

Increased Job Creation

Direct Jobs
This is a back-of-the-envelope calculation. Ultimately, demand is driven by the number of employees as a starting point. Direct jobs are calculated using an employee per square foot metric. A common range is between 100/sf (for shared and tight) to 250/sf (for generous). Inventropolis uses an employee/sf ratio of 150. With 5,000,000 total square feet, this results in 33,333 direct jobs.

Indirect Jobs
Indirect jobs are estimated using a multiplier. A common multiplier ranges from 1.5 to 2.5 indirect jobs per direct job. Inventropolis uses a multiplier of 2: Indirect Jobs = Direct Jobs × (2 − 1) = 33,333 × 1 = 33,333 indirect jobs.

Total Jobs Created by Driving Demand for Vacant Office Space
33,333 direct jobs plus an additional 33,333 indirect jobs equal a total of 66,666 jobs.

Expanded Economic Development

Direct Spending by Companies
This starts with rent payments. This is the same table as above.

Submarket	Square Feet	Enhanced Asking Rent	Annual Revenue
Insurance Submarket	2,000,000 sf	$55.74	$111,480,000
Finance East Submarket	3,000,000 sf	$60.45	$181,350,000
Total	5,000,000 sf		$292,830,000

Employee Spending
Disposable Income starts with an assumption that the average employee from a job created in FiDi is $125,000, and that 40% of the salary could be spent on local goods and services. With 33,333 direct employees, that calculates out to $1,666,666,666 annually (33,333 jobs * $125,000 salary * .4 disposable income modifier).

Indirect Spending (Multiplier Effect)
Typical multipliers range from 1.5 to 2.5. Inventropolis assumes a multiplier of 2. Using a standard formula (Direct Spending + Employee Spending) × Multiplier, Inventropolis calculates ($292,830,000 + $1,666,666,666) × 2 = $1,959,496,666 annually.

Total Spending
Direct Employee + Indirect = Total. $1,666,666,666 + $1,959,496,666 = $3,626,163,332.

Increased Tourism

In 2023, New York City's tourism industry saw significant recovery, drawing 61.8 million visitors. This figure includes 51.1 million domestic travelers and 10.8 million international visitors. The tourism sector's resurgence marked a recovery of 93% of the pre-pandemic peak in 2019. Nothe that the methodoloy uis to use the same as the NYC Tourism + Convention numbers. The assumption is these include benefits fronm imcreased subway ridership, Citibike use and other things which would bnefit from more users including ther Metropolitan Commuter Transportation District surcharge of 0.375%. Inventropolis does not assume that it includes the sales tax on admissions.

	2023	1% Increase	10% Increase
Jobs	380,000	3,800	38,000
Taxes	$4,900,000,000	$49,000,000	$490,000,000
Economic Impact	$74,000,000,000	$740,000,000	$7,400,000,000

Admission Fee Taxes

Inventropolis assumes about 10% of current tourism for a world's fair, and 1% increase ongoing. Nothe that Inventropolis will be weighted with business visitor, which offers additional econojmic advantages. The total sales tax rate in New York City is 8.875%. This rate is composed of:4.5% New York City Sales Tax, 4.0% New York State Sales Tax, and 0.375% Metropolitan Commuter Transportation District (MCTD) Surcharge.

Event	Visitors	Visits/Days	Daily Price	Revenues
World's Fair	7,000,000	3	$100	$2,100,000,000
Stabilized	1,000,000	1	$50	$50,000,000

Event	Revenue	NYC = 4.50%	NYS = 4%	MCTD = 0.375%
World's Fair	$2,100,000,000	$94,500,000	$84,000,000	$7,875,000
Stabilized	$50,000,000	$2,250,000	$2,000,000	$187,500

Highlights of Economc Development Numbers

Component	Amount
Annual Increased Rent to Property Owners	$292,830,000
NPV over 10 years @ 7% (for Property Owners)	$2,350,322,237
Property Taxes from Increased Valuations	$63,000,000
NPV over 10 years @ 7% (Property Tax Improvements)	$503,565,729
Direct Job Creation from Increased Real Estate Demand	33,333
Indirect and Direct Job Creation from Increased Real Estate Demand	66,666
Job Creation from Annual Tourism	3,800
Tourist Job Creation from a World's Fair	38,000
Operational Job Creation from a World's Fair	N/A
Employee Spending from Increased Real Estate Demand	$1,666,666,666
Total Employee Spending from Increased Real Estate Demand	$1,959,496,666
Indirect Employee Spending from Increased Real Estate Demand	$3,626,163,332
Tourist Economic Impact (Annual)	$7,400,000
Tourist Economic Impact (World's Fair)	$74,000,000
NYC Sales Tax from Admissions (Annual)	$50,000,000
NYC Sales Tax from Admissions (World's Fair)	$2,100,000,000

A BOLD RESPONSE TO AN URGENT SITUATION FOR THE EARTH; FOR NYC

Let's be bold.

There are no silver bullets to the climate crisis. But Inventropolis offers a framework to push back in terms of mitigation and adaptation. It is also a way for NYC to construct a powerful economic engine creating economic expansion, jobs and tax revenues.

Global temperature records continue to be shattered. This spring (2024) atmospheric CO2 levels soared past 428 parts per million (ppm), a new record, and are rising at an accelerated rate. Hotter temperatures, rising sea levels, economic turmoil, mass migrations, food scarcities, disrupted ecosystems, ocean acidification, strained infrastructure, increased health risks, heightened energy demands, escalating insurance costs.

NYC can stagnate with the status quo, or it can forge ahead and harness its extraordinary population, and reap the massive quality of life and economic benefits from a carbon net zero economy. The plans we make today shape the future of our city. Let's make some good plans. NYC needs to take a leadership role in addressing the climate crisis.

NYC, often a beacon of hope and a testament to human ambition, now stands at a pivotal juncture in its illustrious history. Gone are the days when resting on laurels of past achievements could sustain its global stature. NYC is faced with a stark dichotomy: to stagnate in the comfort of the familiar, risking relative decline in a rapidly evolving world, or to surge ahead, embracing its potential to lead globally in the accelerated deployment of critical products and services to combat the climate crisis.

THE CLIMATE CRISIS FOR CITIES IS CODE RED

Global temperature records continue to be shattered. This spring (2024) atmospheric CO2 levels soared past 428 parts per million (ppm), a new record, and are rising at an accelerated rate.

Hotter temperatures, rising sea levels, economic turmoil, mass migrations, food scarcities, disrupted ecosystems, ocean acidification, strained infrastructure, increased health risks, heightened energy demands, escalating insurance costs.

While there are no silver bullets, what is needed is a way to encourage deployment of products, services and solutions on a massive scale.

Atmospheric CO2

The 1.5°C threshold

Projected costs

THIS IS A PROPOSAL TO TRANSFORM NYC'S FINANCIAL DISTRICT (FIDI) INTO A MODEL CARBON ZERO CITY

MAJOR OBJECTIVES FOR CREATING A CARBON ZERO CITY

BUT THE ECONOMIC POTENTIAL OF ADDRESSING THE CRISES IS PROFOUND

Massive Market

Physical and Virtual

Across Many Industries

INVENTropolis will Strengthen NYC's Economic Prowess

INVENTropolis will Foster NYC Tourism

INVENTropolis will Increase Demand for Vacant Office Space

INVENTropolis will Drive Regional Economic Development

POWERFUL DEMAND DRIVERS OF THE CARBON ZERO ECONOMY

Arguably the Most Powerful is that the Climate Crisis is Existential

Another Driver is Surging Population

And Notablly Growth in Developing Markets

Crisis Global, Opportunity Global

Its not just NYC at risk. More scenes from the future.

A TRANSFORMED FIDI WILL BE A MASSIVE, GLOBAL MARKETING ENGINE FOCUSED ON URBAN SOLUTIONS TO THE CLIMATE CRISIS

Buyers and Sellers

Physical and Virtual

Portfolio of Events

Ultimately Deploy

Deployment is a Differentiator.

IT'S MORE THAN AN INCUBATOR, IT'S A SUPER CHARGED MARKETING ENGINE

A Marketing Engine

Supports Incubators

TRADE MART, TRADE SHOWS AS BUSINESS PRECEDENT

Trade Marts

Trade shows

For international marketing, location really matters.

STARTING WITH NYC, FIDI IS AN IDEAL LOCATION FOR A GLOBAL HUB

It Starts with NYC

Most Transit Accessible Neighborhood

Significant Available Space

One of the World's Most Historically Significant Districts

Surrounded by One of the Largest Mitigation Projects on the Planet

Blue Highway

Overflow

PROFOUND ECONOMIC BENEFITS FOR NYC

Other improvements, such as fostering the growth of small companies (not in an incubator), enabling city initiatives like the Blue Highway and micro transit/cargo, and all the economic benefits associated with improved quality of life, are not included in this quantitative presentation.

Inventropolis will Improve Real Estate economics

Increased Demand for Office Space; Increasing Property Tax Revenues

Increased Job Creation

Expanded Economic Development

Increased Tourism

Admission Fee Taxes

Highlights of Economc Development Numbers

A BOLD RESPONSE TO AN URGENT SITUATION FOR THE EARTH; FOR NYC

Let's be bold.

There are no silver bullets to the climate crisis. But Inventropolis offers a framework to push back in terms of mitigation and adaptation. It is also a way for NYC to construct a powerful economic engine creating economic expansion, jobs and tax revenues.

It's time for bold action. For NYC. For the planet.

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THE
CLIMATE CRISIS
FOR CITIES IS
CODE RED

Global temperature records continue to be shattered. This spring (2024) atmospheric CO₂ levels soared past 428 parts per million (ppm), a new record, and are rising at an accelerated rate.

Atmospheric CO₂

THIS IS A PROPOSAL TO TRANSFORM NYC'S FINANCIAL DISTRICT (FIDI) INTO A MODEL
CARBON ZERO
CITY