SIn the aftermath of the COVID-19/Coronavirus/Black Lives Matter revival, and general anarchy happening all over the country, but admittedly with a higher death toll in New York City after the state’s governor ordered all nursing home patients back to their facilities to be infected as if they were in a petri dish, an economist, dubbed an “investment personality,” took a look at the real estate searches in New York State. It turns out that over a third of them are for areas outside the city itself.
How this compares to non-disease and rioting years is not clear, but none the less, this man, James Altucher, came to the conclusion that New York City was as good as dead. It was just a matter of time before someone would be turning out the lights. His supposition was that with the coming tax increases to deal with budget deficits, and higher crime, no one of means would want to live there.
Well, no less than comedian Jerry Seinfeld, a New York native and resident whose show about nothing was set in the metropolis, took exception to the idea, and wrote an opinion piece that appeared in the New York Times on the matter.
“…the brilliant diamond of activity it will one day be again.” Seinfeld wrote, “Real, live, inspiring human energy exists when we coagulate together in crazy places like New York City.”
Frankly, according to one urban planning professor in Canada, Richard Florida, New York City has been declared dead more than once, and has a knack for surviving.
“New York City has been pronounced dead at least three times in the past 20 years after 9/11, after 2008 and again now,” said Florida. “Those two prior times it came back stronger and faster than anyone, including me, would have bet.”
Having visited, and with so many historic attractions, and cultural institutions, it is hard to believe New York will not bounce back eventually.
The question is really all about giving current leadership the boot and electing more people like Hizzonor Rudi Giuliani to put the pathologic elements back in check.
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