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The New York State portion of the metropolitan area, which includes the five boroughs of New York City, the lower Hudson Valley, and Long Island, accounts for over 65 percent of the state's population. New York–Newark–Jersey City, NY–NJ–PA Metropolitan Statistical Area (19,043,386)
Shrinking cities or urban depopulation are dense cities that have experienced a notable population loss. Emigration is a common reason for city shrinkage. Since the infrastructure of such cities was built to support a larger population, its maintenance can become a serious concern.
Also in the general neighborhood, Philadelphia placed 9th out of all American cities for many of the same reasons as New York. Buffalo, the only other Empire State entry, landed at a middling 45th.
Planned shrinkage occurred in the South Bronx of New York City and in the city of New Orleans. [9] [10] The term was first used in New York City in 1976 by Housing Commissioner Roger Starr. [11] [12] For example, in the South Bronx, many firehouses were closed from the 1960s to the 1980s.
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The Census Bureau created the metropolitan district for the 1910 census as a standardized classification for large urban centers and their surrounding areas. The original threshold for a metropolitan district was 200,000, but was lowered to 100,000 in 1930 and 50,000 in 1940. [12]
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New York City is an established safe haven for global investors. [30] As of 2023, New York City is the most expensive city in the world for expatriates [31] and has by a wide margin the highest residential rents of any city in the nation; [32] and Fifth Avenue is the most expensive shopping street in the world. [33]