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Look Back 1977 New York City Blackout On Its 40th Anniversary Abc7 New York Main Street Lending Program Term Sheet
Main street lending program term sheet. The panic saw looting and a surge in arson. On wednesday july 13 1977 an electricity blackout affected most of new york city. The 25 hour outage began around 930 pm.
The 77 blackout was a tipping point. The only neighborhoods in the city that were not affected were in southern queens including neighborhoods of the rockaways which were part of the long island lighting company system as well as the pratt institute campus in brooklyn as well as some other large apartment. The serial killer david berkowitz the son of sam had killed numerous new yorkers and was still at large.
The 1977 blackout that hit new york was a crisis that came amidst a sweltering heat wave a financial downturn rising poverty and inequality and an atmosphere of gloom that had already settled on the city. On top of it all a record heat wave was in full swing. That blackout affected much of new york city and led to arson and looting in nyc neighborhoods by amy plitt atplitter jul 13 2019 1038pm edt the nyc skyline during the blackout of 1977.
Traffic lights went dark elevators stalled subways ground to halt. An economic decline coupled with rising crime rates and. In just 24 hours more than 300 million of the property had been damaged.
T he blackout that hit new york on this day july 13 in 1977 was to many a metaphor for the gloom that had already settled on the city.
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