History: Streets Of New York City, 1974, United States

Like many major U.S. cities, New York suffered race riots, gang wars and some population decline in the 1960s. Street activists and minority groups like the Black Panthers and Young Lords took matters into their own hands and organized rent strikes and garbage offensives, demanding city services for poor areas. They also set up free health clinics and other programs, as a guide for organizing and gaining "Power to the People." By the 1970s the city had also gained a reputation as a crime-ridden relic of history. In 1975, the city government avoided bankruptcy only through a federal loan and debt restructuring by the Municipal Assistance Corporation, headed by Felix Rohatyn. The city was also forced to accept increased financial scrutiny by an agency of New York State. In 1977, the city was struck by the twin catastrophes of the New York City blackout of 1977 and the Son of Sam serial murderer's continued slayings. These events were perhaps the impetus to the election of Mayor Ed Koch, who promised to revive the city.
Modern period: 1978–present
The 1980s saw a rebirth of Wall Street, and the city reclaimed its role at the center of the worldwide financial industry. Unemployment and crime remained high, the latter reaching peak levels in some categories around the close of the decade and the beginning of the 1990s. The city later resumed its social and economic recovery, bolstered by the influx of Asians, Latin Americans, and U.S. citizens, and by new crimefighting techniques on the part of the NYPD. In the late 1990s, the city benefited from the success of the financial sectors, such as Silicon Alley, during the dot com boom, one of the factors in a decade of booming real estate values. New York's population reached an all-time high in the 2000 census; according to census estimates since 2000, the city has continued to grow, including rapid growth in the most urbanized borough, Manhattan. During this period, New York City was also a site of the September 11, 2001 attacks; nearly 3,000 people were killed by a terrorist attack on the World Trade Center, an event considered highly traumatic for the city but which did not stop the city's rapid regrowth.