Sandy relief concert tickets being resold at huge markups - New York News

Superstorm Sandy

Sandy relief concert tickets being resold at huge markups

Posted: Updated:
MYFOXNY.COM -

Bruce Springsteen, Billy Joel, and Alicia Keys are just a few of the big-name acts banding together with the Robin Hood Foundation to raise millions of dollars for victims of Superstorm Sandy at the 12-12-12 Sandy benefit concert at Madison Square Garden.

But now there are concerns that some of the money from tickets sales will go to lining scalpers' pockets, instead of rebuilding hard-hit areas.

Tickets for the event were originally priced from $150 to $2,500. But Fox 5 found some relisted for more than 5 times or 10 times the face value on sites like StubHub. One floor seat ticket is even going for $60,000.

StubHub said it will donate all of its proceeds from the ticket re-sales to Sandy recovery. But that is only a tiny percentage of what resellers stand to make on tickets that are marked up way above face value.

StubHub released this statement: "We have great sympathy for the charitable goals of the 12-12-12 Sandy Relief concert and, as has been reported, StubHub will be donating all service fees and commissions for the event to the Robin Hood Relief fund, the intended beneficiary of the concert. The StubHub marketplace does not technologically operate with price controls and restrictions and given that limitation we believe that StubHub offers the most consumer-friendly ticketing platform and keeping the marketplace open will maximize the financial contribution to this critically important charity. We intend to continue to allow resale for this event and encourage all ticket sellers to donate a share of proceeds to the charity as well."

  • Manhattan NewsManhattan NewsMore>>

  • New MTA bus routes take effect

    New MTA bus routes take effect

    Sunday, August 31 2014 9:51 PM EDT2014-09-01 01:51:36 GMT
    MTAMTA
    The MTA has new bus routes throughout the 5 boroughs. 
    The MTA has new bus routes throughout the 5 boroughs. 
  • 3 hurt in lightning strike as storms batter NYC area

    3 hurt in lightning strike as storms batter NYC area

    Sunday, August 31 2014 9:47 PM EDT2014-09-01 01:47:41 GMT
    Heavy thunderstorms swept through the tri-state on Sunday causing flash floods and lightning strikes that injured 3 people. The three men were struck at Orchard Beach in the Bronx Sunday afternoon and were being treated at a local hospital. Meanwhile, various Labor Day weekend celebrations were interrupted, delayed and even canceled as the U.S. Open tennis tournament had to be postponed and the Electric Zoo musical festival on Randall's Island had to be prematurely shut down.
    Heavy thunderstorms swept through the tri-state on Sunday causing flash floods and lightning strikes that injured 3 people. The three men were struck at Orchard Beach in the Bronx Sunday afternoon and were being treated at a local hospital. Meanwhile, various Labor Day weekend celebrations were interrupted, delayed and even canceled as the U.S. Open tennis tournament had to be postponed and the Electric Zoo musical festival on Randall's Island had to be prematurely shut down.
  • Man arrested in Central Park bias attack

    Man arrested in Central Park bias attack

    Sunday, August 31 2014 4:04 PM EDT2014-08-31 20:04:10 GMT
    Police say a man has been charged and arrested for his involvement in a Central Park hate-crime assault. According to the NYPD, 20-year-old Edward Fall, shot a 36-year-old female jogger with a pellet gun and was part of a group of people who the jogger said made anti-white statements against her.
    Police say a man has been charged and arrested for his involvement in a Central Park hate-crime assault. According to the NYPD, 20-year-old Edward Fall, shot a 36-year-old female jogger with a pellet gun and was part of a group of people who the jogger said made anti-white statements against her.
  • EntertainmentMore>>

  • Celebrity chef Todd English charged with DWI in NY

    Celebrity chef Todd English charged with DWI in NY

    Sunday, August 31 2014 3:17 PM EDT2014-08-31 19:17:03 GMT
    Celebrity chef Todd English has been arrested on a charge of driving while intoxicated in New York.
    Celebrity chef Todd English has been arrested on a charge of driving while intoxicated in New York.
  • Joan Rivers remains in NYC hospital in serious condition

    Joan Rivers remains in NYC hospital in serious condition

    Sunday, August 31 2014 3:16 PM EDT2014-08-31 19:16:08 GMT
    Hollywood legend Joan Rivers, 81, remains in serious condition at The Mount Sinai Hospital in Manhattan, according to her daughter, Melissa Rivers. She says loved ones are hopeful about the comedian's condition as she remains hospitalized three days after going into cardiac arrest at a New York City doctor's office.
    Hollywood legend Joan Rivers, 81, remains in serious condition at The Mount Sinai Hospital in Manhattan, according to her daughter, Melissa Rivers. She says loved ones are hopeful about the comedian's condition as she remains hospitalized three days after going into cardiac arrest at a New York City doctor's office.
  • Friday Night Live: August 29, 2014

    Friday Night Live: August 29, 2014

    Friday, August 29 2014 11:14 PM EDT2014-08-30 03:14:33 GMT

    This is Fox 5's Friday Night Live, a weekly celebration of the end of the work week. All summer long, the Fox 5 team brings you the latest in entertainment, nightlife, food, and music in our area. In this jam-packed episode: Electric Zoo Festival, Beth Shak, Richard Albrecht, Kathy Wakile, and Moses Laboy .

    This is Fox 5's Friday Night Live, a weekly celebration of the end of the work week. All summer long, the Fox 5 team brings you the latest in entertainment, nightlife, food, and music in our area. In this jam-packed episode: Electric Zoo Festival, Beth Shak, Richard Albrecht, Kathy Wakile, and Moses Laboy .


Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices