- James Altucher has left New York City for Miami and may never return
- In a blog post on Monday, he said business opportunities, culture and the food scene in NYC had all gone
- They were wiped out by COVID-19, then a week of riots and looting sent other residents running for other cities
- Now, crime and homelessness is on the rise which is stopping people from coming back
- It means that the city is not likely to recover as it has from every other crisis
- After 9/11, people were forced back to their office jobs because internet speed was too slow for people to work from home, he said
- Now, businesses can function entirely through Zoom
- Jamie Dimon, the CEO of JP Morgan Chase, said recently there was still a need to bring people back into offices
- Facebook is also investing in New York City to try to ensure it will remain a global business center Altucher
"The food scene…" Yes there were a lot of very fine restos in the Big Crummy. They were not worth a prolonged stay in Manhattan, although I must admit that the view from a hotel room on the 20th floor across Central Park was splendid.
But, the people more than made up for the menus with their curt pushiness and frantic activity.
I never liked the place, still don't. If I live to see it in a much shrunken condition, a shadow of its former self, that will be just fine by me. pl