Has Manhattan Recovered Yet?
This year, for the first time since the towers crumbled, New York City's economy outperformed the nation's. The average price for a Manhattan condo or co-op broke the $1 million mark, a new record. Norma's, a midtown restaurant, introduced a $1,000 omelet. (Hardly anyone ate it, but it hearkened back to the '90s in an oddly comforting way.) And the tourists returned, God bless them, one and all.
But Manhattan is still not the same as it was. Yes, it has pulled back from the precipice with remarkable speed. But jobs are missing, the kinds of jobs...
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