Not Dead Yet

Fifty years ago today, one of the most famous headlines in NYC history ran in the Daily News:

The city was on the cusp of bankruptcy and needed a bailout from the Feds. President Ford said no -- until a deal was later reached, a plan for fiscal stability created, and bankruptcy was avoided.

It wasn't the first, or the last time, when NYC seemed doomed -- and all the naysayers in the media were trashing the city, saying it sucked, and destined to go the way of Imperial Rome. But, as always, it recovered -- just as it did later from the crack epidemic of the late 1980s/early 1990s, 9/11/2001, and the COVID-19 pandemic.

People keep betting against NYC, and losing. You weren't dead fifty years ago and we aren't today. 

For all of Mr NYC's coverage about the prematurely called "death of NYC" go here. And also read this insightful article into how NYC has changed in the last half-century.