American International Group, the troubled insurance giant, is also a shrinking presence downtown, real estate brokers say, while Depository Trust is considering a move to New Jersey.
"Today, Lower Manhattan is surrounded by communities that have an increasing share of the region's high-value workers, while the far-off bedroom communities in Long Island, New York and Connecticut have seen their shares shrink," the Downtown Alliance analysis found.
With film crews bringing in money and publicity, Senoia (pronounced sen-OY) has avoided the empty downtowns and shrinking tax bases that plague many rural towns.
Between 2010 and 2015, the amount of off-street parking around downtown shrank by about 3,000 spaces, a 7%reductionn.
The army of suits that used to service the downtown skyscrapers is shrinking.
Many buildings downtown are being converted to more profitable residential use, further shrinking the supply.
And while her Brooklyn address means she generally shops downtown, "my shrink's uptown, so I can pop into the uptown stores once a week," she said.
Like other fragile hospitals in the city, New York Downtown has shrunk, going to 180 beds, down from the 254 beds it was certified for in 2006, partly because the more affluent residents of Lower Manhattan often go to bigger hospitals for elective care.
At the same time, downtown stalwarts like American International Group, the troubled insurance giant, and Merrill Lynch are shrinking their presence.
Most of the downtown shops of my youth stand empty and derelict, driven out of business by gradually shrinking paychecks and the Walmart on the outskirts of town.
