Board Thread:Official Discussions/@comment-1824272-20140718111624/@comment-1824272-20140721225721

As it says twice, once above the calendar and once below it, the time zone displayed on the calendar is GMT. So if you're in New York, which is currently on Eastern Daylight Time (EDT, which is GMT-4), then you subtract 4 hours from all the times.

Alternatively, you can click the "+ Google Calendar" button on the bottom-right to add the calendars to your personal Google Calendar, and display all of the events in your time zone.