A fairly old article (2003) by Luc Sante in the New York Review of Books is spot on about the city's extraordinary buildings and why they haunt the imagination. The depiction of New York as an elderly metropolis connects with Wall Street's crumbling (demolished) fiscal might. Every day the press is full of photographs that depict 'the suits' in abject despair. Their expressions seem to portray Sante's meditations word for word.
New York is neither the Wonder City nor a half-populated ruin but a vulnerable, overcrowded, anxious, half-deluded, all-too-human town, shaken by a cataclysm nobody could have foreseen.
(the photograph is from the 'front page' of the New Yorker website on October 8, 2008 in conjunction with an article entitled 'The Rationality of Panic' by Steve Coll.)
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