60 Timeless Photos Sure To Cause Major Nostalgia
New York City in 1962.
Here’s a photo of a dame having a smoke in a New York City diner back in 1962. The city that never sleeps went through a lot of changes between 1946 and 1977. Immediately after World War II, it became widely known as one of the world's greatest cities.
However, things declined after peaking in population in 1950. As prices rose businesses left for cheaper locations. There was a downturn in industry and an increase in crime, and the city’s welfare burden. All of this accumulated into what became known as the city’s fiscal crisis of the 1970s. It's hard to believe now, but New York barely avoided defaulting on its obligations and declaring bankruptcy.
Tags: Vintage Photo Galleries
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