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History Of New York City (1978–present)
New York City has seen a cycle of modest boom and a bust in the 1980s, a major boom in the 1990s, and mixed prospects since then. This period has seen severe racial tension, a dramatic spike and fall of crime rates, and a major influx of immigrants growing the city's population past the eight million mark. The September 11 attacks on the World Trade Center in 2001 had a lasting impact on the city that continues to reverberate to the present. Koch and Dinkins (1978–1993) Compared to the 1970s, the 1980s were a time of restrained optimism in New York. The boom on Wall Street was fueling the speculative real estate market, and unemployment numbers dropped noticeably. Koch successfully balanced the city's budget ahead of schedule, allowing the city to re-enter the bond market and raise cash, effectively ending the city's financial crisis by 1981. However, the city's reputation for crime and disorder was still very much a part of New Yorkers' daily lives. Mayor Ed Koch repeatedly wa ...
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New York City
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous megacities, and over 58 million people live within of the city. New York City is a global cultural, financial, entertainment, and media center with a significant influence on commerce, health care and life sciences, research, technology, educa ...
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Rudolph Giuliani
Rudolph William Louis Giuliani (, ; born May 28, 1944) is an American politician and lawyer who served as the 107th Mayor of New York City from 1994 to 2001. He previously served as the United States Associate Attorney General from 1981 to 1983 and the United States Attorney for the Southern District of New York from 1983 to 1989. Giuliani led the 1980s federal prosecution of New York City mafia bosses as U.S. Attorney for the Southern District of New York. After a failed campaign for Mayor of New York City in the 1989 election, he succeeded in 1993, and was reelected in 1997, campaigning on a "tough on crime" platform. He led New York's controversial "civic cleanup" as its mayor from 1994 to 2001.Whether lionized or criticized, "Giuliani's cleanup", especially of Manhattan, most famously Times Square, is widely recognized: B. McKee, "Rules and regulations alone can't revive America's downtowns", ''Architecture'' (American Institute of Architects), 1998 Mar;811 Jane E. Jeffr ...
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NASDAQ
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second on the list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange. The exchange platform is owned by Nasdaq, Inc., which also owns the Nasdaq Nordic stock market network and several U.S.-based stock and options exchanges. History 1971–2000 "Nasdaq" was initially an acronym for the National Association of Securities Dealers Automated Quotations. It was founded in 1971 by the National Association of Securities Dealers (NASD), now known as the Financial Industry Regulatory Authority (FINRA). On February 8, 1971, the Nasdaq stock market began operations as the world's first electronic stock market. At first, it was merely a "quotation system" and did not provide a way to perform electronic tra ...
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Two World Trade Center
2 World Trade Center (2 WTC; also known as 200 Greenwich Street) is a planned skyscraper as part of the World Trade Center complex in Manhattan, New York City. It will replace the original 2 World Trade Center, which was completed in 1972 and subsequently destroyed during the September 11 attacks in 2001, and it will occupy the position of the original 5 World Trade Center. The foundation work was completed in 2013. Original building (1973–2001) When completed in 1973, 2 World Trade Center (the South Tower) became the second tallest building in the World – behind its twin, 1 World Trade Center. The South Tower's rooftop observation deck was high and its indoor observation deck was high. The World Trade Center towers held the height record only briefly; the Sears Tower in Chicago, finished in , reached at the rooftop. Throughout its existence, however, the South Tower had more floors (at 110) than any other building. This number was not surpassed until the adve ...
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Hydrogen
Hydrogen is the chemical element with the symbol H and atomic number 1. Hydrogen is the lightest element. At standard conditions hydrogen is a gas of diatomic molecules having the formula . It is colorless, odorless, tasteless, non-toxic, and highly combustible. Hydrogen is the most abundant chemical substance in the universe, constituting roughly 75% of all normal matter.However, most of the universe's mass is not in the form of baryons or chemical elements. See dark matter and dark energy. Stars such as the Sun are mainly composed of hydrogen in the plasma state. Most of the hydrogen on Earth exists in molecular forms such as water and organic compounds. For the most common isotope of hydrogen (symbol 1H) each atom has one proton, one electron, and no neutrons. In the early universe, the formation of protons, the nuclei of hydrogen, occurred during the first second after the Big Bang. The emergence of neutral hydrogen atoms throughout the universe occurre ...
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Urea Nitrate
Urea nitrate is a fertilizer-based high explosive that has been used in improvised explosive devices in Afghanistan, Pakistan, Iraq, and various terrorist acts elsewhere in the world such as in the 1993 World Trade Center bombings. It has a destructive power similar to better-known ammonium nitrate explosives, with a velocity of detonation between and . It's chemical formula is CH5N3O4 or (NH2)2COHNO3. Urea nitrate is produced in one step by reaction of urea with nitric acid. This is an exothermic reaction In thermochemistry, an exothermic reaction is a "reaction for which the overall standard enthalpy change Δ''H''⚬ is negative." Exothermic reactions usually release heat. The term is often confused with exergonic reaction, which IUPAC defines ..., so steps must be taken to control the temperature. Urea nitrate explosions may be initiated using a blasting cap. Chemistry Urea contains a carbonyl group. The more electronegative oxygen atom pulls electrons away fro ...
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One World Trade Center
One World Trade Center (also known as One World Trade, One WTC, and formerly Freedom Tower) is the main building of the rebuilt World Trade Center complex in Lower Manhattan, New York City. Designed by David Childs of Skidmore, Owings & Merrill, One World Trade Center is the tallest building in the United States, the tallest building in the Western Hemisphere, and the seventh-tallest in the world. The supertall structure has the same name as the North Tower of the original World Trade Center, which was destroyed in the terrorist attacks of September 11, 2001. The new skyscraper stands on the northwest corner of the World Trade Center site, on the site of the original 6 World Trade Center. It is bounded by West Street to the west, Vesey Street to the north, Fulton Street to the south, and Washington Street to the east. The construction of below-ground utility relocations, footings, and foundations for the new building began on April 27, 2006. One World Trade Cente ...
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1993 World Trade Center Bombing
The 1993 World Trade Center bombing was a terrorist attack on the World Trade Center in New York City, U.S., carried out on February 26, 1993, when a van bomb detonated below the North Tower of the complex. The urea nitrate–hydrogen gas enhanced device was intended to send the North Tower ( Tower 1) crashing into the South Tower ( Tower 2), bringing both towers down and killing tens of thousands of people. It failed to do so, but killed six people, including a pregnant woman, and injured over one thousand. About 50,000 people were evacuated from the buildings that day. The attack was planned by a group of terrorists including Ramzi Yousef, Mahmud Abouhalima, Mohammad Salameh, Nidal A. Ayyad, Abdul Rahman Yasin, and Ahmed Ajaj. They received $660 from Khalid Sheikh Mohammed, Yousef's uncle. In March 1994, four men were convicted of carrying out the bombing: Abouhalima, Ajaj, Ayyad, and Salameh. The charges included conspiracy, explosive destruction of property, and int ...
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New York State Assembly
The New York State Assembly is the lower house of the New York State Legislature, with the New York State Senate being the upper house. There are 150 seats in the Assembly. Assembly members serve two-year terms without term limits. The Assembly convenes at the State Capitol in Albany. Leadership of the Assembly The Speaker of the Assembly presides over the Assembly. The Speaker is elected by the Majority Conference followed by confirmation of the full Assembly through the passage of an Assembly Resolution. In addition to presiding over the body, the Speaker also has the chief leadership position, and controls the flow of legislation and committee assignments. The minority leader is elected by party caucus. The majority leader of the Assembly is selected by, and serves, the Speaker. Democrat Carl Heastie of the 83rd Assembly District has served as Speaker of the Assembly since February 2015. Crystal Peoples-Stokes of the 141st Assembly District has served as Assembly Ma ...
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Partition And Secession In New York
There are and have been several movements regarding secession from the U.S. state of New York. Only one of them – the state of Vermont – succeeded. Among the unsuccessful ones, the most prominent included the proposed state of Long Island, consisting of everything on the island outside New York City; a state called Niagara, the western counties of New York state; the northern counties of New York state called Upstate New York; making the city of New York a state; a proposal for a new Peconic County on eastern Long Island; and for the borough of Staten Island to secede from New York City. Article 4, Section 3 of the Constitution of the United States includes a provision that "no new State shall be formed or erected within the Jurisdiction of any other State; nor any State be formed by the Junction of two or more States, or Parts of States, without the Consent of the Legislatures of the States concerned as well as of the Congress." At the time of Vermont's secession in 1777, t ...
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Staten Island
Staten Island ( ) is a borough of New York City, coextensive with Richmond County, in the U.S. state of New York. Located in the city's southwest portion, the borough is separated from New Jersey by the Arthur Kill and the Kill Van Kull and from the rest of New York by New York Bay. With a population of 495,747 in the 2020 Census, Staten Island is the least populated borough but the third largest in land area at . A home to the Lenape indigenous people, the island was settled by Dutch colonists in the 17th century. It was one of the 12 original counties of New York state. Staten Island was consolidated with New York City in 1898. It was formally known as the Borough of Richmond until 1975, when its name was changed to Borough of Staten Island. Staten Island has sometimes been called "the forgotten borough" by inhabitants who feel neglected by the city government. The North Shore—especially the neighborhoods of St. George, Tompkinsville, Clifton, and Stapleton—is ...
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