NYC's decline has begun

With the financial meltdown, NYC's decline has officially begun. Jobs and wealth are leaving the city; soon, real estate will crash, and crime will skyrocket.

http://www.newgeography.com/content/00308-manhatt…

7 Comments
 

the entire country is getting hurt, but NYC a lot more so, because it's driven almost entirely by finance. when the city revenues dry up, things will get pretty bad.

 

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