5 ms·

New York City is dead forever

18 points by iamben 6y ago

deleted 6y ago
[deleted]
vyrotek 6y ago
I enjoyed the article. I found thesw parts particularly interesting. "We are officially AB: After Bandwidth. And for the entire history of NYC (and the world) until now, we were BB: Before Bandwidth. Remote learning, remote meetings, remote offices, remote performance, remote everything." "Another friend of mine works at a major investment bank as a managing director. Before the pandemic he was at the office every day, sometimes working from 6 a.m. to 10 p.m. Now he lives in Phoenix, Arizona. “As of June,” he told me, “I had never even been to Phoenix.” And then he moved there. He does all his meetings on Zoom." The housing market here in Phoenix and similar cities is going to getting a little crazy.
- iamben 6y ago
  Same - I shared because (anecdotally) I think we're seeing the same here in London. Apparently it's a renters market right now - prices are down, masses of choice. Very different to a year ago.
- ogn3rd 6y ago
  Going to? That ship sailed years ago. It's going to turn into something like LA or SanDiego quickly, at least while the water lasts.
PacketPaul 6y ago
I disagree with his assumptions and logic. Basically he is saying because you don’t need to live near work, people will not live in Manhattan. There are plenty of jobs outside of NYC. Always has been. People live in NYC for the culture and lifestyle. It is a fun place to live. It will absolutely rebound. This is trivial compared to 9/11. Yet NYC rebounded.
- barry27 6y ago
  Right. It will rebound without a doubt. As will all interesting cities. As for the people who have fled to the suburbs, oh well, bye bye.
- bohemian99 6y ago
  This article seems to be saying the rich are leaving New York. And the world that caters to them (expensive restaurants, etc.) is suffering. This is true. But as you say falling rents offer more opportunities for the culture and lifestyle aspects of the city. Also, this post rattles off a bunch of negatives, but fails to offer any alternative to rival NYC. South Florida or Phoenix? Maybe one, but certainly not yet.

18 points by iamben 6y ago

deleted 6y ago

[deleted]

I enjoyed the article. I found thesw parts particularly interesting. "We are officially AB: After Bandwidth. And for the entire history of NYC (and the world) until now, we were BB: Before Bandwidth. Remote learning, remote meetings, remote offices, remote performance, remote everything." "Another friend of mine works at a major investment bank as a managing director. Before the pandemic he was at the office every day, sometimes working from 6 a.m. to 10 p.m. Now he lives in Phoenix, Arizona. “As of June,” he told me, “I had never even been to Phoenix.” And then he moved there. He does all his meetings on Zoom." The housing market here in Phoenix and similar cities is going to getting a little crazy.

iamben 6y ago
Same - I shared because (anecdotally) I think we're seeing the same here in London. Apparently it's a renters market right now - prices are down, masses of choice. Very different to a year ago.
ogn3rd 6y ago
Going to? That ship sailed years ago. It's going to turn into something like LA or SanDiego quickly, at least while the water lasts.

PacketPaul 6y ago

I disagree with his assumptions and logic. Basically he is saying because you don’t need to live near work, people will not live in Manhattan. There are plenty of jobs outside of NYC. Always has been. People live in NYC for the culture and lifestyle. It is a fun place to live. It will absolutely rebound. This is trivial compared to 9/11. Yet NYC rebounded.

barry27 6y ago
Right. It will rebound without a doubt. As will all interesting cities. As for the people who have fled to the suburbs, oh well, bye bye.
bohemian99 6y ago
This article seems to be saying the rich are leaving New York. And the world that caters to them (expensive restaurants, etc.) is suffering. This is true. But as you say falling rents offer more opportunities for the culture and lifestyle aspects of the city. Also, this post rattles off a bunch of negatives, but fails to offer any alternative to rival NYC. South Florida or Phoenix? Maybe one, but certainly not yet.