NYC is dead forever... here's why

I love NYC. When I first moved to NYC, it was a dream come true. Every corner was like a theater production happening right in front of me. So much personality, so many stories. 

Every subculture I loved was in NYC. I could play chess all day and night. I could go to comedy clubs. I could start any type of business. I could meet people. I had family, friends, opportunities. No matter what happened to me, NYC was a net I could fall back on and bounce back up. 

Now it’s completely dead.

 

“But NYC always always bounces back.” No. Not this time.

“But NYC is the center of the financial universe. Opportunities will flourish here again.” Not this time. 

“NYC has experienced worse.” No it hasn’t. 

A Facebook group formed a few weeks ago that was for people who were planning a move and wanted others to talk to and ask advice from. Within two or three days it had about 10,000 members. 

Every day I see more and more posts, “I’ve been in NYC forever but I guess this time I have to say goodbye.” Every single day I see those posts. I’ve been screenshotting them for my scrapbook. 

Three of the most important reasons to move to NYC: 

·       Business opportunities

·       Culture 

·       Food

And, of course, friends. But if everything I say below is even 1/10 of what I think, then there won’t be as many opportunities to make friends.

A) BUSINESS

Midtown Manhattan, the center of business in NYC, is empty. Even though people can go back to work, famous office buildings like the Time-Life skyscraper are still 90% empty. Businesses have realized that they don’t need their employees at the office. 

In fact, they’ve realized they are even more productive with everyone at home. The Time-Life Building can handle 8,000 workers. Now it maybe has 500 workers back. 

 

(Midtown reopened, but still empty)

“What do you mean?” a friend of mine said to me when I told him Midtown should be called Ghost Town. “I’m in my office right now!” 

“What are you doing there?” 

“Packing up,” he said and laughed, “I’m shutting it down.” He works in the entertainment business.

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By James Altucher

I’m an entrepreneur and angel investor. I’ve achieved the rank of chess master. And I’m the author of the Wall Street Journal bestselling book “Choose Yourself.”

I’ve started 20 companies, 17 of which have failed. But I’ve learned a lot along the way.

If you’ve ever been stuck—in a job you hate, in a house you can’t afford, in a life you don’t want, in your own depressed mind, anything—I want to help you.

Why? Because I get it. I’ve been there. And I wantto tell you how I freed myself so maybe you can start to free yourself, too.

(Source: jamesaltucher.com; https://tinyurl.com/y2hfg5yo)
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