NY used to be have a balanced economy, and was on the forefront of the world in growth, thought and society.
Now NY City and State survive solely on Wall Street and the Federal Reserve’s support of their member banks. The Progressives in NY ironically make their living by that thing which they claim to hate. When the US Dollar tanks and/or Wall Street hits the skids, NY City is going into decline faster than Rome when with the Vandals at the gates.
NYC and its environs have a hard time keeping up with technology.
THe buildings are very old (they are good, and they are aesthetic) and cannot keep up with even air conditioning, let alone wifi, cell phone signals, satellite, for the average resident.