

How Does New York City Keep Reinventing Itself? (Bonus)
Mar 21, 2021
In this engaging discussion, Kurt Andersen, a renowned author and creator of 'Studio 360,' interviews Thomas Dyja, author of 'New York, New York, New York,' who delves into four decades of the city's evolution. They explore how New York's embrace of information helped it rise from economic despair. Highlights include the colorful transformation of public spaces, the interplay between urban revitalization and gentrification, and the city’s resilience in adapting to challenges like Covid. Their insightful reflections capture the complexities of NYC's identity.
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The Blizzard of '78 and the Rise of Citicards
- During the 1978 blizzard, Citibank customers with Citicards could access cash while others couldn't.
- This event normalized computer usage in banking and boosted Citibank's clientele, marking an early adoption of computer technology.
The Gibson Greeting Cards IPO
- William Simon's company, Wesray, took Gibson Greeting Cards public, turning an $80 million investment into $290 million.
- Simon's personal stake grew from $330,000 to $66 million, showcasing the era's explosive market growth.
Cleaning Up NYC Parks
- Gordon Davis transformed NYC parks by focusing on shared public spaces during the Koch era.
- This included passing the controversial "pooper scooper" law, highlighting changing attitudes towards public responsibility.