Stocks and News
Home | Week in Review Process | Terms of Use | About UsContact Us
   Articles Go Fund Me All-Species List Hot Spots Go Fund Me
Week in Review   |  Bar Chat    |  Hot Spots    |   Dr. Bortrum    |   Wall St. History
Stock and News: Hot Spots
  Search Our Archives: 
 

 

Wall Street History

http://www.gofundme.com/s3h2w8

AddThis Feed Button

   

07/16/2010

Street Bytes

I am a long-time subscriber to Crain’s New York Business, one of the best publications of its kind, and the other week they celebrated their 25th anniversary. Crain’s has some interesting tidbits in comparing the environment of 25 years ago and today.

For example:

NYC population: 1985…7.3 million. 2010…8.5 million

NYC unemployment: May 1985…8.2%. May 2010…9.4%

Average pay in NYC:   1985…$24,887. 2008…$80,260

Average 1-BR co-op/condo in Manhattan: 1985… $249,452. 2009…$711,736

Average 30-year fixed rate for NY area co-op mortgage: May 1985…13.28%. May 2010…5.13%

Murders in NYC: 1985…1,384. 2009…471 [Murder rate peaked at 2,245 in 1990, at the height of the crack epidemic.]

Overweight/Obese NYC residents: 1985…21.3%. 2008… 60.0%

NYC high schoolers who graduated in four years: 1985… 41.0%. 2009…68.1%

Columbia University tuition and fees: 1985-86… $10,430. 2009-10…$41,316

Compensation for first-year associate at leading Wall Street investment bank: 1985…$42,000, plus $6,000 bonus after six months. 2009…$96,000, plus $80,000+ signing bonus and guaranteed bonuses.

Gallon of unleaded gasoline: 1985…$1.20. 2010…$2.95

Subway fare: 1985…$0.90. 2010…$2.25

Annual subway ridership: 1985…1.01 billion. 2009…1.58 billion

Taxi medallion: 1985…$84,900. 2010…$591,000

NYC budget: 1985…$19.2 billion. 2010…$63.5 billion

NYC employees: 1985…220,000. 2010: est. 266,700

NY state lottery revenue: 1985…$700 million. 2009…$7.7 billion

Average dinner tab at restaurant in NYC: 1985… $29.81. 2010…$41.81 [surprised?]

Average Broadway show ticket: 1985…Cats / $40.90.  2010…Wicked / $108.14

Broadway season grosses: 1985…$190 million. 2009… $943 million

---

Wall Street History will return next week.

Brian Trumbore



AddThis Feed Button

 

-07/16/2010-      
Web Epoch NJ Web Design  |  (c) Copyright 2016 StocksandNews.com, LLC.

Wall Street History

07/16/2010

Street Bytes

I am a long-time subscriber to Crain’s New York Business, one of the best publications of its kind, and the other week they celebrated their 25th anniversary. Crain’s has some interesting tidbits in comparing the environment of 25 years ago and today.

For example:

NYC population: 1985…7.3 million. 2010…8.5 million

NYC unemployment: May 1985…8.2%. May 2010…9.4%

Average pay in NYC:   1985…$24,887. 2008…$80,260

Average 1-BR co-op/condo in Manhattan: 1985… $249,452. 2009…$711,736

Average 30-year fixed rate for NY area co-op mortgage: May 1985…13.28%. May 2010…5.13%

Murders in NYC: 1985…1,384. 2009…471 [Murder rate peaked at 2,245 in 1990, at the height of the crack epidemic.]

Overweight/Obese NYC residents: 1985…21.3%. 2008… 60.0%

NYC high schoolers who graduated in four years: 1985… 41.0%. 2009…68.1%

Columbia University tuition and fees: 1985-86… $10,430. 2009-10…$41,316

Compensation for first-year associate at leading Wall Street investment bank: 1985…$42,000, plus $6,000 bonus after six months. 2009…$96,000, plus $80,000+ signing bonus and guaranteed bonuses.

Gallon of unleaded gasoline: 1985…$1.20. 2010…$2.95

Subway fare: 1985…$0.90. 2010…$2.25

Annual subway ridership: 1985…1.01 billion. 2009…1.58 billion

Taxi medallion: 1985…$84,900. 2010…$591,000

NYC budget: 1985…$19.2 billion. 2010…$63.5 billion

NYC employees: 1985…220,000. 2010: est. 266,700

NY state lottery revenue: 1985…$700 million. 2009…$7.7 billion

Average dinner tab at restaurant in NYC: 1985… $29.81. 2010…$41.81 [surprised?]

Average Broadway show ticket: 1985…Cats / $40.90.  2010…Wicked / $108.14

Broadway season grosses: 1985…$190 million. 2009… $943 million

---

Wall Street History will return next week.

Brian Trumbore