chapter  1
The Urban Situation: Global City, Tourist City, Bankrupt City
Pages 27

New York City in the 1950s was defined by its numerous small factories, warehouses, and shipping, with “finger piers” jutting into the Hudson River from Manhattan. By the twenty-first century, the gritty industrial nature of large sections of New York had disappeared, giving way to a “new city” of internationally connected corporate offices and soaring office towers. Entertainment centers sprouted up on former manufacturing sites. New York was no longer the manufacturing center of old; instead, the city had become a hub of global corporate headquarters, banking, financial services, information technology, digital and other “new media” firms, and entertainment activities.