Lower Manhattan's skyline, featuring the World Trade Center's Twin Towers (1973â2001). A post-1945 economic and residential boom was fueled by returning soldiers and European immigration, and vast tracts of new homes were built in eastern Queens. The United Nations moved to the East Side of Manhattan in 1951, from its original headquarters in Flushing Meadows Park, Queens. As was the case with many other American towns in the 1960s, New York endured population decrease, industrial collapse, and racial riots, and by the 1970s, the city had developed a reputation as a crime-ridden remnant of past. In 1975, the municipal administration faced financial collapse and was forced to restructure its debt via the Municipal Assistance Corporation, which was led by Felix Rohatyn. Additionally, the city was obliged to accept enhanced inspection of its finances by a New York State entity known as the Financial Control Board. The 1980s witnessed a renaissance of Wall Street, with the city reclaiming its position as the global financial industry's epicenter.
"Countries around the globe are facing population stagnation and a fertility slump, a dizzying reversal unprecedented in recorded history that will make first-birthday celebrations more uncommon than funerals and vacant houses a frequent blight."
"In Italy, maternity wards are already closing. In northern China, ghost towns are sprouting up. Universities in South Korea are unable to recruit sufficient students, whereas in Germany, hundreds of thousands of homes have been demolished and the land repurposed as parks."
Governor Hochul declared in February 2022 that the state's regulation requiring the wearing of masks in indoor public spaces will be repealed. Businesses may continue to comply with the regulation, and the mask requirement applies to public transportation, Broadway theaters, and a variety of other sites, including health-care institutions.
As with the majority of non-fleeing New Yorkers, I haven't been far from home during the epidemic, which is why going down the list seemed like a never-ending sequence of stomach blows.
Chumley's, the speakeasy and literary haunt from the Prohibition period in Greenwich Village, where I spent many a freelance writer's day nursing a noon beer and soup - has closed.
