Quote:
Originally Posted by NyWriterdude
Not happening. The businesses that are in NYC want to be in NYC because it's NYC. They aren't going anywhere. It was mainly manufacturing and back office that left NYC.
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This is a very unwise assumption. A lot of NYers have this attitude that NYC is everything and people will suck whatever nonsense up to be here. The truth of the matter is NY competes against major European and Asian cities for the multi-national elite and against other tier 1 corporate centers like LA, SF, Dallas, ATL, DC, BOS, Houston for business talent. Let things spin too out of control wither it be taxes, crime or QOL issues and many executives will take themselves and their front office business to a nice posh NJ suburb and come into the city for dinner and a show. Without Wall St and the corporate sector, NY's welfare dream crashes down.