The ‘New York is dead’ crowd overlooks the city’s economic diversity

The pandemic has been very good for a chorus of professional grumps who like to say that New York is dead or dying. You know the arguments: There’s no reason to pay for an apartment or office here when you can work remotely from anywhere. High taxes will drive away the wealthy. Crime is a concern after falling off most people’s radar for years. Yadda, yadda, yadda.

It’s tiresome stuff because the grumps ignore how much the city economy has changed since the bad old days, when anyone in the Times Square vicinity was advised to hold their nose because the pornography parlors stank of bleach.

New York

→ Continue reading at Crain's New York Business

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