The economic disruptions of the latest Covid wave have hurt blue-collar workers the most, even as Wall Street profits, rents and home sales are soaring. Source: New York Times
Posts published in “Zandi, Mark”
Chelsea Bounces Back With Influx of Residents Amid Covid
By Gotham Rex on December 29, 2021
The Omicron variant is keeping Manhattan’s offices empty. But an influx of residents and a housing boom in neighborhoods like Chelsea hint at a better future. Source: New York Times
For New York City, Glimmers of Hope and Signs of Revival
By Gotham Rex on April 2, 2021
Yankee Stadium welcomed fans on Thursday, and some high-end hotels are opening their doors. But a widespread rebound from Covid-19 could take years. Source: New York Times
Why N.Y.C.’s Economic Recovery May Lag the Rest of the Country’s
By Gotham Rex on October 26, 2020
More than one million residents are out of work, and the unemployment rate is nearly double the national average. Source: New York Times