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Keyword: dotcomboom

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  • The Myth of 'Superstar Cities'

    02/13/2007 10:38:25 PM PST · by MinorityRepublican · 3 replies · 569+ views
    The Wall Street Journal ^ | February 13, 2007 | JOEL KOTKIN
    "If New York City is a business, it isn't Wal-Mart -- it isn't trying to be the lowest-priced product in the market. It's a high-end product, maybe even a luxury product. New York offers tremendous value, but only for those companies able to capitalize on it." -- Mayor Michael Bloomberg January 2003These seem the best of times for America's elite cities. Wall Street's 2006 megabonuses created thousands of instant millionaires, and, with their venture-fund soulmates in places like San Francisco, Boston and Greenwich, the best people are prowling for Ferraris, planes, multimillion-dollar condos, the newest $200 lunch place and the...