Closing Bell: New York’s Complicated Relationship With Water


Justin Davidson has a lovely piece in this week’s New York magazine that traces the complex, sometimes destructive relationship between the city and the water. The allure of river views has spurred development along many neighborhoods, from Battery Park to Chelsea to, most recently, Long Island City, but that beauty is now tied to the powerful threat of the next storm. Mayor Bloomberg has proposed a $20 billion plan that would create a storm surge barrier and other protections, but with only a few months left in office, there’s no guarantee that it will happen. So, the city remains wary.

Photo: Roland Li