The economic success of Dumbo, the Navy Yard, Bushwick and Bed-Stuy points to possible paths for further economic growth outside Manhattan.
Greg David
Greg David is a contributor and Ravitch fiscal and economics reporter at THE CITY. He spent 35 years at Crain’s New York Business as editor, editorial director and a columnist. He is also the director of the business and economics reporting program at the Craig Newmark Graduate School of Journalism at CUNY as well as the Ravitch Fiscal Reporting Program.
Posted inEconomy
Film and TV Walkouts Add Drama to Sluggish Local Economy
New York City added only 2,000 jobs in August and unemployment remains above the national average.
Posted inUncategorized
Tourists Are Back to NYC in Big Numbers
But even as hotels fill and visitors spend needed dollars in Manhattan and beyond, visitors from China are no-shows and investors remain skeptical about the future.
Posted inEconomy
Job Losses Show Entertainment Industry Strikes Hitting NYC Economy
New York City’s economic recovery continues to lag the nation’s.
Posted inTransportation
What’s on Eric Adams’ Infrastructure Wishlist to the Feds
New York City must compete for a share of the $1.2 trillion national infrastructure pot, with the BQE revamp and electric vehicle charging topping the list.
Posted inSmall Business
New $10 Million Loan Program Aimed at South Bronx Businesses
The new leader of the Bronx Economic Development Corporation found unspent millions from a 1990s federal program.
Posted inRent
Why Are NYC Rents So High? It’s Complicated
COVID spurred many tenants to vacate city apartments, but changing rent laws and rising interest rates are among factors now encouraging people to stay put — with few new apartments available.
Posted inEconomy
The Hollywood Strike Could Cost NYC Tens of Thousands of Jobs
Work related to film and television production accounts for some 5% of all jobs in the city.
Posted inRetail
Retail Jobs Vanish Even as Local Economy Recovers
Manhattan has 20% fewer store employees than before the pandemic — and Amazon is a prime reason.
Posted inBudget
State and City Budgets Gamble on More Gains for the Very Richest
Now that public budgets have been settled, it’s clear they rest on risky assumptions for following years.