UNITED NATIONS — The New York mayor’s office is touting the benefits of hosting the United Nations headquarters with a new report examining the world body’s economic impact on the city.

Penny Abeywardena, NYC Commissioner for International Affairs, said Tuesday that the U.N. Community generated $3.69 billion in total economic output resulting in approximately $56 million in net fiscal benefits to the city.

“While the U.N. is much more than the sum of its economic impact, this study is an important reminder of the very real and tangible benefits the U.N. community makes in our global city,” Abeywardena said.

Image: The selected United Nations Headquarters site in New York. 01 January 1947.