New York City fact of the day

New York, for example, is by some measurements the most unequal of American major cities: Gotham’s 1 percent earns a third of the entire city’s personal income—almost twice the proportion for the rest of the country.

I am sometimes amused by the large number of people who profess to both hate income inequality and love New York City.

That is from Joel Kotkin, most of the piece is a look at what Jane Jacobs got wrong about cities.