Government

What Macy’s Thanksgiving Day Parade Costs New York City

Macy’s is famously tight-lipped about the parade’s price tag, but for NYPD and locals trying to get around, the costs can add up.
It's cold and crowded, but the PIllsbury Doughboy seems content.Carlo Allegri/Reuters

What will happen if the Macy’s Thanksgiving Day Parade balloons can’t fly? It’s a possibility: An arctic plunge is descending across the eastern seaboard as Thanksgiving approaches, promising blistering winter winds that will batter the city, and could force Macy’s to ground the balloons.

If the balloons do fly (which is more than likely), they’ll be continuing a longstanding holiday tradition that’s nonetheless costly and tumultuous for the city that hosts it. It’s been 92 years since the first Macy’s Thanksgiving Day (then dubbed Christmas) Parade first marched through the streets of Manhattan, and as millions flock to the parade itself, and millions more tune in from afar, it’s worth looking at its impacts on the ground in New York City.