Delancey Street-based Bank of the United States fails amid panic. Brooklyn becomes the most populous borough. The Empire State Building begins 42-year reign as world's tallest. Ape arrives two years later. With auditors closing in, Jimmy Walker resigns as Mayor.
Hospitals report cases of starvation.
Rebelling against Tammany Hall, the city elects Fiorello La Guardia mayor on a Fusion ticket. 1934 Nelson Rockefeller orders destruction of a Diego Rivera mural he had commissioned for 30 Rockefeller Center because it included a depiction of Lenin. City imposes 2 percent sales tax for relief efforts. Knickerbocker Village opens, first in a series of public housing projects. 1936 Rikers Island opens for business, as does Robert Moses' Triborough Bridge nearby.