{"id":4696,"date":"2026-07-17T11:10:58","date_gmt":"2026-07-17T11:10:58","guid":{"rendered":"https:\/\/metrotransitreview.com\/?p=4696"},"modified":"2026-07-17T11:10:58","modified_gmt":"2026-07-17T11:10:58","slug":"nycs-business-leaders-are-in-denial-about-crime-in-the-big-apple","status":"publish","type":"post","link":"https:\/\/metrotransitreview.com\/?p=4696","title":{"rendered":"NYC\u2019s business leaders are in denial about crime in the Big Apple"},"content":{"rendered":"
\n

Crime in the Big Apple isn\u2019t \u201cdown\u201d no matter how many times you read those headlines \u2013 but the city\u2019s business community can\u2019t seem to let go of the fantasy, On The Money has learned.<\/p>\n

Read more Fugitive featured on \u2018America\u2019s Most Wanted\u2019 captured off New York coast after 20 years on the run<\/a><\/p>\n

Leaders of our business class are touting declines of certain crimes as proof that the city is safe for workers and entrepreneurs. And to be fair, it\u2019s partly true: Murders are down nearly 50% over the past 16 years, and almost 34% lower than they were just two years ago.\u00a0<\/p>\n

Shootings, meanwhile, are down around 27% from two years ago and down more than 50% since 2012, which would have been the final years of Mike Bloomberg\u2019s mayoral stint.<\/p>\n

But that\u2019s not the whole story. Felonious assault complaints are nearly 77% higher than 16 years ago, and about 1% higher than just two years back. Transit crime continues to escalate; it\u2019s 7% higher than 2010 and 1.2% over the past two years. While grand larceny has recently fallen, it\u2019s still 22% above its Bloomberg levels.<\/p>\n

And here\u2019s where things get downright scary: Rapes are up 4.6% over the past year, and hate crimes more than 6%.<\/p>\n

The contradiction was recently brought to my attention by a top litigator at a big Manhattan law firm who served in the Justice Department under George W. Bush and who knows his way around NYPD\u2019s so-called CompStat crime reports that get published weekly.<\/p>\n

\u201cThe city also has two glaring problems: an epidemic of rape and hate crimes AKA criminal antisemitism,\u201d my source tells me. \u201cOver the past two years, rape is up more than 30%, and 73% since 2010.\u201d<\/p>\n

\u201cYes, the murder rate has dramatically declined. Ditto shooting incidents,\u201d he added. \u201cBut those figures only tell part of the story.\u201d<\/p>\n

To be clear, I get why city business leaders are looking at the proverbial glass half filled. It\u2019s no fun running a company under the yoke of Zohran Mamdani\u2019s incompetent, socialist mayoralty that seeks to tax anything that moves to fund his ever-growing welfare state.\u00a0<\/p>\n

Read more Baltimore daughter who inherited dad\u2019s home takes on $228K water bill that she says belongs to entire neighborhood<\/a><\/p>\n

Looking at the bright side of crime numbers is also a great way to persuade more businesses from fleeing to places where the homeless don\u2019t crowd our sidewalks and you don\u2019t get mugged when taking the family to dinner.<\/p>\n

But a more realistic crunching of the numbers suggests that business leaders are merely looking for silver linings in numbers that still show New York is a dangerous place to live and do business in.<\/p>\n

On The Money is all mostly about money, of course, but crime has traditionally been one of the biggest headwinds for the economy of the city. Faulty budgeting was the root cause of the city\u2019s financial crisis and near bankruptcy of the 1970s, but the huge uptick in crime caused millions of middle class, tax-paying New Yorkers to flee to the suburbs.<\/p>\n

Likewise, the strides against crime made by Rudy Giuliani when he was mayor and carried over during the Bloomberg years saw a business renaissance here in the city. Taxpayers were moving to the city, not fleeing, as the recent \u201cmillionaire exodus\u201d study published by the Citizens Budget Commission pointed out.<\/p>\n

\n<\/div>\n

Steve Fulop, the CEO of the Partnership for NYC, the city\u2019s leading business advocacy group, tells me \u201ccrime statistics don\u2019t move in a straight line, but the multiyear trend remains favorable, and murder, the most serious indicator of overall trend, is down.\u00a0<\/p>\n

\u201cBeyond the numbers, business sentiment on public safety is also positive, which reflects the job Commissioner Tisch is doing and her regular, direct engagement with our members.\u201d<\/p>\n

It\u2019s hard to dispute that NYPD chief Jessica Tisch is doing yeoman\u2019s work despite some formidable obstacles, including a mayor who thinks sidewalk homelessness is a right and local DAs who believe the best way to reduce crime is to no longer enforce the laws. Let\u2019s not forget that Jay Clayton, President Trump\u2019s US Attorney for the Southern District of Manhattan has also embarked on a sweeping crackdown on violent criminals here in the city and it\u2019s having an impact.<\/p>\n

That said, the numbers don\u2019t lie. NYC is a dangerous place, and the question business people will be asking increasingly: Is it worth the cost of doing business here?<\/p>\n

Read more Exclusive | Secrets behind Tyler Robinson\u2019s lucrative family business revealed \u2014 as Utah taxpayers foot $10M legal bills for Charlie Kirk\u2019s alleged killer<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Crime in the Big Apple isn\u2019t \u201cdown\u201d no matter how many times you read those headlines \u2013 but the city’s business community can\u2019t seem to let go of the fantasy, On The Money has learned.<\/p>\n","protected":false},"author":1,"featured_media":4695,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,27,28],"tags":[],"class_list":["post-4696","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-charles-gasparino","category-on-the-money"],"yoast_head":"\nNYC\u2019s business leaders are in denial about crime in the Big Apple - Metro Transit Review<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/metrotransitreview.com\/?p=4696\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NYC\u2019s business leaders are in denial about crime in the Big Apple - 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