A chorus of New York naysayers are telling us that the City will never be the same after this pandemic. They are right—but not in the way they think. New York City is on the cusp of another “Roaring 20’s,” and I, for one, can’t wait.
One hundred years ago we were recovering from a pandemic (the Spanish Flu) and a Great War that spread fear and death. New York is facing a similar trauma. Loved ones lost are never coming back. Some of us have lost jobs, homes, or even just our favorite restaurants. A century ago, when it was all over, people were ready to let loose—and let loose they did. I believe that a similar spirit is about to start a recovery that will reshape the city in exciting ways, creating new opportunities for many.
What makes me so optimistic? First, I believe that the vaccines will work and make us generally safe again for the first time in more than a year. After that we can get to work reinventing our city. Second, I’ve lived in lower Manhattan for more than a decade and half and I’ve watched this community come back from 9/11, the financial crisis of 2008, and Hurricane Sandy—not becoming the same as before, but becoming great in a whole new way.
We will have a lot to work with. Many of us lost jobs or otherwise have suffered terrible financial losses. But even more of us have been able to keep working, and with little to spend it on beyond the bare necessities, Americans have been saving at record rates. All of us are restless to get out, to do something new, to make something happen.
Those of us with money will be ready to spend it. Restaurants that made it through will be bursting at the seams and flowing onto the newly reclaimed streets. Out-of-work restaurant workers will rush to open new restaurants in the spaces of those that didn’t make it. We’ll see a similar explosion in the arts where actors, musicians, and dancers will fill every performance space. The city is filled with talented people desperate for work, desperate to share their passion, desperate to just get out there and do what they do. And the audience is just as desperate to have them back.
We’ll see similar bursts of creativity and innovation in other fields, where the newly unemployed and underemployed are looking for new ways to get back to work.
Great commentary by Andrew Greenblatt on New York’s resurgence. Ready to join the roar.