Factoring in the costs associated with planting and upkeep, New York City’s street trees provide an annual benefit of about $122 million, according to the Parks Department. The study concludes that New York receives $5.60 in benefits for every dollar spent on trees.
Maybe Only God Can Make a Tree, but Only People Can Put a Price on It
Trees in lower-density areas, typically in Queens and on Staten Island, are generally more valuable than those in Manhattan and high-density areas of Brooklyn and the Bronx because they provide the greatest environmental benefits, according to Fiona Watt, chief of forestry and horticulture for the city.
The tree census found that Queens has about 40 percent of the city’s street trees, followed by Brooklyn, with about 25 percent; Staten Island, with about 16 percent; the Bronx, with about 10 percent; and Manhattan, with roughly 8 percent.
Photo of "majestic silver maple tree in front of 91-32 71st Avenue in Forest Hills, Queens" from NY Times