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An Economic Explanation of New York City's Skyline

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recent study by Jason Barr and Troy Tassier in Journal of Regional Scienceproposes a different explanation: Midtown attracted a specific cluster of businesses and occupations that saw promise in its growth as a high-end shopping district. Based on a detailed analysis of business directories, the study examines the specific types of economic activity that relocated from downtown to Midtown during the mid-19th and early-20th centuries.


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