Broadway is losing two long-running productions this week as Death Becomes Her and Beaches shutter their doors in Manhattan. The closures follow a busy week in the borough, which saw the 20th anniversary of the New York Dance Parade and the official co-naming of Jack Kirby Way on the Lower East Side.
While the cultural calendar thrives, the economic reality of the city remains a point of contention for podcasters. Dave Ramsey recently pointed to Manhattan as an example of an impossible market for average earners, noting, "You're probably also not gonna buy in San Francisco, San Diego, or, uh, Manhattan-" on The Ramsey Show.
Contrasting this fiscal caution, Scott Galloway remains unabashedly bullish on the borough's status, declaring on Pivot: "If you're not on the island called Manhattan, there's no reason to ever visit the Northeast." However, Galloway is quick to warn that political policy could drive capital away, specifically citing Ken Griffin's massive projects. He warns that investors will "take capital he was investing in Manhattan and move it to Florida and Texas" if current tax proposals move forward.
As Laura Benanti and Tituss Burgess prepare to host the upcoming Tony Awards, the city's ability to balance its high-cost reputation with its status as a global creative hub will likely remain the central tension in the weeks to come.
