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Is New York City in a death spiral, or will it mount an epic comeback from the impacts of the pandemic? New York Gritty explores the resiliency of New Yorkers in a time of crisis. Will they find a way to bring their city back from the brink of economic disaster, or has New York been irreversibly changed? The spread of coronavirus transformed the Big Apple in previously unimaginable ways, from shutting down the subway system overnight for the first time to dimming the lights on Broadway indef ...
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The Free Store - Building Community Through Sharing
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New York Is a dense metropolis where people with too much and people who don't have enough live side by side. New Yorkers became hyper-aware of that disparity when the Coronavirus pandemic brought the city's economy to a halt. The problem was visible in every neighborhood. The Free Store Project founder Myles Smutney saw an obvious solution - New Y…
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Throughout the New York Gritty podcast we heard from people in a variety of areas who share the unshakeable belief that New York will mount an epic recovery from the pandemic crisis, that it is just a matter of time. The city bounced back from many crises in the past - the fiscal crisis of the 1970’s, a crime wave in the late 80’s and early 90’s, 9…
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Almost 67 million people visited New York in 2019. Tourists spent over $40 billion while in the city that year. The tourism industry supported more than 403,000 jobs in New York before the pandemic. While domestic tourists started returning in the 2nd quarter of 2021, there's a long way to go before reaching pre-pandemic figures, and international …
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The longest shutdown in the history of Broadway has an end in sight. If all goes according to plan, many theaters will reopen in September. When the theater district went dark it starved New York of a $1.75 billion industry. The loss of tourists in the Theater District had a ripple effect and many businesses closed for good. When the lights come ba…
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Real Estate is king in New York. The city has been growing non-stop ever since the Dutch arrived in 1609. In 2019, real estate generated $31.9 billion in tax revenue for the city. That’s 53% of New York’s total tax revenue. The stable source of revenue provided the foundation for a myriad of public services, making New York an attractive and desira…
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It's not clear how many people worked in the sex trade in New York prior to the coronavirus pandemic. It's a broad term that covers a wide variety of work. Much if it is legal and doesn't include sexual intercourse. But when the city shut down in March of 2020, whether they were strippers, escorts or dominatrixes, they were pushed further into the …
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The more than 344,000 people who work in retail stores across New York City earned over $16 billion in wages in 2019. When the pandemic shut down was enacted, foot traffic in New York's commercial corridors fell by 90%. By December 2020 it was still down 16% compared to in the previous year. While online commerce exploded in 2020, retail business o…
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When New York's economy was shut down overnight because of the coronavirus pandemic, the city went from a record level of employment to one out of every five people being out of work. At the start of the new year, the unemployment rate in New York was still above 12%, much higher than the national average. Most of those people collected jobless ben…
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There are 62 hospitals across New York City, ranging from mammoth healthcare networks to the 11 public hospitals run by the city to long standing independent neighborhood institutions. Regardless of their size and resources, each one faced unprecedented challenges when the city became the epicenter of a pandemic that took the lives of as many as 80…
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New York's iconic yellow taxis never stopped roaming the streets looking for fares during the coronavirus pandemic. Taxi drivers were deemed essential workers, but when the city shut down, their customers disappeared. Already facing a crisis because of competition from Uber and Lyft, licensed taxi drivers and owners saw their incomes dry up. In thi…
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As the shutdown of New York's theater district reached the one year mark, the Broadway community could see a light at the end of the tunnel. But it seemed very far off and the road to that light was anything but straight. Over 90,000 jobs depend on the Broadway economy, and those people were anxiously awaiting the return of theatergoers to the Grea…
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Broadway is at the core of New York's identity. The theater district is a must see for most of New York's 65 million annual visitors. Yearly ticket sales surpassed $1.8 billion in 2019. Over 12,000 people are directly employed in Broadway theaters. When shows went dark due to the pandemic, those people saw their identity taken away in a heartbeat, …
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New York is the city that never sleeps thanks in part to more than 25,000 restaurants and bars. No industry and its supporting economic ecosystem has been devastated more in NYC than the hospitality sector. As many as 50% of those eateries and bars may wind up closing permanently. But across the five boroughs, business owners are finding ways to su…
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The coronavirus shutdown paused New York City's soundtrack. One year later there still was no clear answer as to when tens of thousands of musicians could hit play again. Over 58,000 jobs are dependent on live venues in New York. When they were closed, musicians saw their role in society taken away overnight. While some left the city, others found …
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Is New York City in a death spiral, or will it mount an epic comeback from the impacts of the pandemic? New York Gritty explores the resiliency of New Yorkers in a time of crisis. Will they find a way to bring their city back from the brink of economic disaster, or has New York been irreversibly changed? The spread of coronavirus transformed the Bi…
…
continue reading
