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Published at 5:14pm
Published on 9/5/08
Own This City
Video
If the dresses shimmying down Bryant Park runways this month were any indication, we’re headed into a recession: Hemlines—you know, the ones that supposedly sink every time the economy does—recalled the conservatism of a 1950s high-school dance. And Vera Wang’s retro cuts aren’t the only bellwether of bad times ahead. Storefronts are shuttered around Manhattan (just how long will the former Yellow Rat Bastard on Broadway stay empty?), retailers are starting to accept euros (yep—try East Village Wines or Billy’s Antiques and Props), and the TKTS booth has snaking lines of locals (locals!) in front of its “plays only” window. A recession may first express itself in terms of intangibles like the NASDAQ, but how long does it take to trickle down into our everyday pleasures? An unscientific survey of reps from New York’s cultural realms gives us a preliminary glimpse.
RETAIL | ART | FOOD | ENTERTAINMENT
