From the July issue: When New York City ended its run as a port-based economy, in the 1950s, it effectively turned its back on the water. Not helping matters was the ring of highways around Manhattan that further distanced residents from the waterways. But since the 1990s, waterfront redevelopments along the West Side Highway and the East River have changed that relationship.
Now, some investors are betting that the renewed focus on the water could spark an interest in recreational boating. [more]