What is 1987 nyc?

In 1987, New York City was recovering from a sharp economic downturn that had hit the city in the early 1980s. Despite some lingering problems, the city was entering a period of growth and renewal, with rising employment, tourism, and real estate prices.

Some notable events from 1987 in NYC include:

• The Dow Jones Industrial Average passed 2,500 points for the first time
• The New York Giants won Super Bowl XXI, defeating the Denver Broncos 39-20
• The stock market crashed on October 19, causing panic and significant losses for investors
• The construction of the World Financial Center in Battery Park City was completed
• The AIDS epidemic continued to devastate the city, with more than 15,000 cases reported since the first outbreak in 1981

Overall, 1987 was a year of both progress and challenges for New York City, with important developments in business, sports, and culture taking place alongside persistent social and health issues.