Lower Manhattan Fares Poorly in Job Trends Report
This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.
Despite being home to Wall Street and some of the city’s priciest real estate, Lower Manhattan limps along behind neighborhoods such as Morningside Heights, downtown Brooklyn, and Astoria, Queens, when it comes to job growth.
Since 1997, four of the five city ZIP codes with the largest employment losses were in Lower Manhattan, according to a report published by the Center for an Urban Future yesterday.
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