Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I've heard this before, especially after 9/11. NYC isn't going anywhere.
There is no way a major world city like NYC crumbles at least in our lifetime. The same problems impacting NYC are the same problems impacting Paris, Madrid, Munich, Berlin, and other areas across the world. Is it really logical to think that all the North American and Europe cities all collapse because they went a little bit too far left for a lot of Americans?
People are quick to say "Oh NYC jumped back from the 70s/80s" and "it was just fine post 9/11."
Fair enough, it has recovered in the past. BUT, realize this: in the 1970s and 80s, and to a large degree still in 2001, the US was without a doubt THE economic behemoth, THE global superpower. It could weather any storm. New York may have been crumbling 40 years ago but suburbia and places like California were thriving. The factories in Ohio and Michigan, the aerospace industry in SoCal, were all still churning and China was a poor, meaningless overpopulated Asian country. The politicians, bad as they were in hindsight, did not yet give away American manufacturing and all the high-tech know how was all still here. The middle class was big and as strong as ever.
Fast forward to 2020. The US has very little manufacturing left, which became painfully evident when the pandemic hit and we realized we can't even make our own penicillin anymore. Instead, our economy is kept afloat in a fake way where services bus drivers and restaurant servers essentially form the backbone of the economy. China, meanwhile, produces everything from antibiotics to airplanes to military weapons and with it has the know-how. China is now in a position to threaten to kill us by withholding drugs or key electronics (As it did in March when the pandemic was unfolding). Simultaneously, a new generation has been brainwashed by radical left marxist professors and teachers to hate America and see it as a fundamentally unfair, evil country. The middle class is diminishing by the day. Infrastructure is crumbling. America is destroying itself from within.
The point is, in 2020 America isn't as fit to weather these storms as it was in the 1970s and 80s. This time, New York really may never recover as it gradually becomes the same slum it was over 40 years ago.
No way , too many billionaires in NY to let anything happen to it , I don’t think Trump has too much there didn’t he sell his name to be used on other people’s buildings , maybe Trump towers He owns , but that’s about it .
These Covid restrictions have killed business, culture, tourism. And the restrictions still persist.
This is what happens when you have top down government. You kill business...cities die. Death spiral.
Add to that the rampant anti-police sentiment that comes from the mayor doesn't help.
Whose idea were these lockdowns?? Right...Wuhan.
Phila sees all the same things you listed but yet rents and home prices have increased considerably even in lieu of Covid. There is actually a shortage of housing stock. A lot of New Yorkers have been moving to Philly (and it's burbs) over the past few years.
I've heard this before, especially after 9/11. NYC isn't going anywhere.
False comparison. 9/11, as bad as it was, was a joke compared to the perfect storm of 2020. 9/11 was a one-off event: it is wholly preventable (we haven't seen anything like it since then because security is so beefed up now). A tragedy that was confined to downtown.
What we're seeing today is far more deep and pervasive. NYC literally almost ceased to function this spring: everything was locked down. Scores of restaurants and small businesses have failed, permanently. There are no tourists to speak of. 6th Avenue is a ghost street at some hours of the day.
Then in June we had the riots. Whole streets of stores boarded up. The radical left mayor De BlahBlah decided to cut 1bn from the NYPD and eliminated the crime prevention unit. Predictably, violent crime is soaring. Manhattan is seeing some 20,000 vacancies as the rich have (some permanently) moved out. The middle class is making serious plans to move out, as well, because who wants to pay NYC level taxes for a city without the amenities and with a soaring crime rate and less police to protect you.
What remains is a perfect storm: diminished tax base (rich and middle class have largely left), diminished tourism, far less businesses in midtown occupying those office buildings, and of Course far fewer cultural amenities like the restaurants and boutique cafes that made so many areas "trendy."
Unlike 9/11 or even the 70s, this time the FUNDAMENTALS of New York are all in danger.
Phila sees all the same things you listed but yet rents and home prices have increased considerably even in lieu of Covid. There is actually a shortage of housing stock. A lot of New Yorkers have been moving to Philly (and it's burbs) over the past few years.
Because Philly has lower taxes plus cheaper real estate. Also a lot of nice suburbs. The extent of the riots there wasn't nearly as bad as in NY plus outside of Philly it's also easier to own a firearm in PA than it is anywhere in NY.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
