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The difference lies largely in public transit. NYC had strong transit bones despite a few decades of wayward highway prioritization. Transit enables higher urba
by blamazon 3y ago
The difference lies largely in public transit. NYC had strong transit bones despite a few decades of wayward highway prioritization. Transit enables higher urban densities which (can) carry more revenue per square foot.
- poorDtoi 3y ago[flagged]
- bart_spoon 3y agoThe difference is the time period and the industries they were built around. NYC was the center of the banking universe, but banking didn’t become big the way we know it today until the 80s, which did a lot to pull NYC out of its rut. Detroit was built around manufacturing and automobiles, and American businesses have done everything they can to make eviscerate domestic manufacturing in their pursuit of profits.
- nickv 3y agoI always thought it was lack of universities in Detroit. Henry Ford hated cities, “elites”, etc which is you don’t see a major Ford University in Detroit. There was no Leland Stanford or James Duke in Detroit. So no CMU, Case Western, etc. [1] NYC has a few great universities which means it has a pipeline of students for high information/innovation business employees. Same with the Bay Area. Chicago, LA too. Detroit doesn’t really have any world class universities. [1] https://www.theatlantic.com/national/archive/2013/07/could-a-private-university-have-made-a-difference-in-detroit/278148/ https://www.theatlantic.com/national/archive/2013/07/could-a...
- alephnerd 3y agoDetroit has UMich, where Larry Page of Google fame is an alum of (Ann Arbor is commuting distance from Detroit). Also, all the conversations about Detroit vs NYC seem to forget the Riots of 1967. > The riot resulted in 43 deaths, 1,189 injured, over 7,200 arrests, and more than 400 buildings destroyed Entire neighborhoods were razed in the aftermath of that and White-Black relations deteriorated severely leading to an extreme amount of white flight. If you visit Michigan, suburbs located outside of Wayne County like Dearborn, Ann Arbor, Troy, Hamtrack, and Windsor ON continue to have a vibrant economy, but Detroit (Wayne County) is economically dead. https://en.m.wikipedia.org/wiki/1967_Detroit_riot https://en.m.wikipedia.org/wiki/1967_Detroit_riot
- dventimihasura 3y agoWhat economy would you propose for a downtown core of tall office buildings in an American city post-pandemic and post-remote-work?
- cscurmudgeon 3y agohttps://www.nber.org/digest/jan03/what-reduced-crime-new-york-city https://www.nber.org/digest/jan03/what-reduced-crime-new-yor... > The contribution of such deterrence measures (the "stick") offers more explanation for the decline in New York City crime than the improvement in the economy, the authors conclude. Between 1990 and 1999, homicide dropped 73 percent, burglary 66 percent, assault 40 percent, robbery 67 percent, and vehicle hoists 73 percent. The authors' model manages to explain between 33 and 86 percent of those declines