Quote:
Originally Posted by jayden
NYC has always been in another league compared to other cities in the US dating back at least to the mid 20th century. Thing is another cities continue to grow steadily, so does NYC. So It's gonna be almost impossible for any other major city to catch up.
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In 2010, population stood at 8,175,133 million.
2014, it was 8,491,079.
The 1970's were a lost decade. The city shrunk by 10%.
The estimate for 2017 is 8,622,698, and this was back in 2017. A lot of changes in just 7-8 years. Not just population, but office stock and job counts.
Back in 2010, LIC was just crummy warehouses. Almost everything you see is new. DoBro was a fraction of its size. Midtown West ballooned as we all know.
I think when we ask the question of how much can it grow... it can keep on going and going.
A lot of folks want to live here, but cost of living is a big deterrent. If you build the housing, and make it affordable, the masses will come.
Likewise if you provide the business incentives, and aim to lower leasing space per sq-ft, the jobs will come.
We also have to look at NY's satellites. Jersey City took a complete 180 in transformation. New Rochelle is up and coming... and the next boom town, Newark, is starting to get its gears going.
I think when we look at growth, we have to look at its satellites. There is a lot of potential.
As the city becomes more multi-nodal, I hope the power/capital distribution leans towards the outer boroughs (outside Manhattan) and Essex/Hudson County.