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A $90 Billion Hole in N.Y.; Economists' Long-Term Worry: What if Businesses Flee the City?

About 5 pages (1,614 words)

The Washington Post, October 13th, 2001

Gloom pervades a cobbler shop in Lower Manhattan these days. Sal the Sole Man specializes in fixing nice shoes, but tens of thousands of his prospective customers have been forced out of the neighborhood by the terrorist attacks. Business is off 60 percent. "I say to myself, 'Sal, don't get discouraged,' " Sal Iacono said the other day, his weathered brow knitted in worry as he held forth in the empty waiting area of Continental Shoe Repair, just off Broadway. "But deep down in my heart, I see so much dark. I see so little light at the end of the tunnel." It's a different story across the Huds...

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Justin Gillis and Robert O'Harrow Jr.. The Washington Post, October 13th, 2001. A $90 Billion Hole in N.Y.; Economists' Long-Term Worry: What if Businesses Flee the City?. Content provided by HighBeam Research.

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