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As Incomes Gap Widens, New York Grows Apart

That New York City has extreme wealth and extreme poverty, and lots of both, seems like a law of nature, older than the subway or the Brooklyn Bridge. While there is a lot of truth in that, the city has not always had the extremes to the extent it has them now. Today, the wealthiest 1 percent of city residents has 44 percent of all income in the city, a share nearly four times as great as 30 years ago.

Read more at gothamgazette.com  →

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