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Old Posted Oct 17, 2019, 9:23 PM
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Hard to say. A big part of NYC's renaissance was huge growth in the financial services sector. The finance industry benefits from the clustering effect, so it may have chosen NYC regardless of the city's other struggles. From the late 60's through early 80's, financial services were increasingly moving to high growth cities like Dallas and Atlanta. So whether industry fundamentals brought finance back to New York, who knows.