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Income levels that would enable a very comfortable lifestyle in other locales barely suffice to provide the basics in New York City, says the the Center for an Urban Future in a new report that merely provides data to back up what all city residents already new. The group estimates that the same quality of life that costs $50,000 a year in Houston will run you $123,322 in the Big Apple; San Francisco is a distant second at $95,489 with LA at $80,583 and Philadelphia at $69,196. In addition, many New Yorkers put up with commutes that double the national average of 25 minutes. One Brooklyn Bridge Park even gets an unnamed reference: “If it wasn’t already clear that the cost of living in New York City is greatly out-of-whack with the rest of the country, it certainly became apparent in early 2008 when a new condo development in Brooklyn Heights began selling individual parking spaces—not apartments, parking spaces—for as much as $280,000.” So it’s no surprise that the report finds that many people have been giving up on New York. In fact, twice as many people with bachelor’s degrees left New York in 2005-2006 than in the prior two-year period. So what’s to do: Among other recommendations, the report suggests diversifying the economy, focus on basic infrastructure and quality of life issues rather than building flashy new projects and increase housing stock that is affordable to the middle class.


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  1. Benson Your 15 minutes….ZZZZZZZZZZZZ
    No, seriously that’s great. Except I didn’t understand a word you said regarding to what you did πŸ™‚

    I’ve had several 15 minutes, actually sitll having them, but if I tell people about them then I’d have to change my log-in name to 11217 πŸ™‚

  2. “I am my own celebrity. My work once appeared on the front page of the NYT (no kidding!). I’ve had my 15 minutes of fame.”

    http://www.nytimes.com/2006/03/19/nyregion/19fedd.html
    Aaaah, but your work will live in infamy!”

    BRG;

    Not quite – this is from the NY metro section :-b

    If you want to know: yours truly was involved in the deployment of the first submarine cable in the world that utilized fiber optics. It was a cable link between two of the Canary Islands. For reasons that no one anticipated at the time, these fiber optic cables were destroyed by sharks soon after their installation. Yours truly organized a 6 week expedition of marine biologist from places like Harvard, Scripps and the American Museum of Natural History to understand what was happening. It was a boon to the field of marine biology, and I received a special letter of commendation from the American Museum of Natural History.

    My 15 minutes….

  3. My best celeb “happenstance” was I went into a dive bar (since remodeled) right near MSG looked down the line and one barstool was open but it was pulled right up close to some guy like he was saving it. I walked over and said is anyone sitting there? He turned around and said no go ahead and pulled it out for me. That’s when I had a mini stroke at age 19 (they didn’t card back in the day) it was Matt Dillon. I worshiped at the alter of M.D. ever since the Outsiders. I was shaking so hard I almost fell pulling butt onto the stool. He was there with his bother Kevin and two other friends. They’d just come from a Knicks game at the Garden. Long story short he was super cool, ended up chatting with him a good portion of the night he bought the beers I provided all the smokes (this was back in the day when you could smoke in bars and I was still a smoker) while his bother and friends hit on the FIT girls.

    Bummer was, I was there with my boyfriend who’s name I can’t even remember now.

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