Viewing NYC Articles Categorized Under Economics

[VIDEO] The Fight to Save New York’s Iconic $1 Slice

2024-03-28T12:00:00-04:00

The $1 slice is synonymous with New York City. But is the golden age of 99-cent pizza finally over? In the last year, shops that once sold slices for just a buck have been raising their prices to $1.50. On this special episode of Pizza Wars: Quest for the Perfect Slice, host Nicole Russell is on a mission to better understand the current state of the $1 slice in NYC. From $1 slice pioneers like 2 Bros and Champion Pizza, to regular customers digging into their pockets for an extra 50 cents, Nicole is speaking with real New Yorkers who survive off of the slice day in and day out.

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[WATCH] The Price of Remote Work: NYC’s $12B Loss

2024-02-02T12:00:00-05:00

As Remote Work gains momentum, you will find that there are a lot of changing patterns within the city. Fridays are much emptier, local businesses feel the brunt of fewer people buying food and drinks, and a delicate financial balance could topple over in no time.

Most articles agree. Office spaces in NYC reached a critical point in January 2023, when they were at half occupancy, and it's a number that's still sticking through. The implications are massive.

Check out this video to learn how Remote Work has forever transformed New York City.

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[VIDEO] The City That Built America: New York City

2023-12-17T12:00:00-05:00

New York may be the most important city in all of human history. Now that is a big claim because it is up against some seriously stiff competition, and even today it's not the largest, wealthiest, most productive or even most populous city in the world. But as it was becoming the metropolis it is today, it was also in turn the early foundation of what would go on to be the largest and most dominant economy of all time.

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[WATCH] How Empty Offices Are Ruining New York City and Other American Cities

2023-10-07T12:00:00-04:00

Major American cities such as New York and San Francisco face serious problems — mass migration, empty offices and declining tax revenues. These trends have had a direct impact on cities, which rely on tax revenues for funding, a significant portion from commercial real estate. Stijn Van Nieuwerburgh has defined this cycle of spillover effects as the 'urban doom loop.' Watch the video above to learn more about the so-called 'urban doom loop' threatening American cities, and what local governments can do to avoid falling further into fiscal trouble.

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