page_title: History of New York City (1978–present)
section_title: Giuliani (1994–2001)
hierarchical_section_title: History of New York City (1978–present) / Giuliani (1994–2001)
caption_attribution_description: English: NASDAQ in Times Square, New York City, USA.
context_page_description: New York City has seen a cycle of modest boom and a bust in the 1980s, a major boom in the 1990s, and mixed prospects since then.
  This period has seen severe racial tension, a dramatic spike and fall of crime rates, and a major influx of immigrants growing the city's population past the eight million mark. The September 11 attacks on the World Trade Center in 2001 had a lasting impact on the city that continues to reverberate to the present.
context_section_description: The city rebounded in the mid- and late 1990s due to the steady expansion of the national economy and the Wall Street stock market boom that took place concomitantly, as well as the precipitous drop in crime, although stubbornly high unemployment remained a local problem. Mayor Rudolph Giuliani, a former federal prosecutor, is credited by many for revitalizing Times Square and making the city more "liveable" by cracking down on crime. Changes in the worldwide economy during this time proved to be especially favorable to New York because of its highly developed transportation and communications infrastructure, as well as its massive population base. Over the course of the decade, the city's image transformed from being one of a bygone, decaying metropolis to one of the world's preeminent "global cities."
  As for sports, 1994 saw a great chapter in the city's sports history, with the New York Rangers finally winning their first Stanley Cup since 1940 and the New York Knicks making it to the NBA Finals, where they lost in seven games to the Houston Rockets, at the same time.
  The Knicks made it to the NBA Finals again in 1999, where they lost in five games to the San Antonio Spurs. The New York Yankees began a dynasty led by manager (and New Yorker) Joe Torre winning the World Series in 1996, 1998, 1999, and 2000.
caption: NASDAQ MarketSite at Times Square.
exif: {"Image ImageDescription": "", "Image Make": "SONY", "Image Model": "CYBERSHOT", "Image XResolution": "72", "Image YResolution": "72", "Image ResolutionUnit": "Pixels/Inch", "Image DateTime": "2004:04:22 19:21:06", "Image YCbCrPositioning": "Co-sited", "Image ReferenceBlackWhite": "[0, 255, 128, 255, 128, 255]", "Image ExifOffset": "278", "EXIF ExposureTime": "1/30", "EXIF FNumber": "14/5", "EXIF ExposureProgram": "Program Normal", "EXIF ISOSpeedRatings": "320", "EXIF ExifVersion": "0220", "EXIF DateTimeOriginal": "2004:04:22 19:21:06", "EXIF DateTimeDigitized": "2004:04:22 19:21:06", "EXIF ComponentsConfiguration": "YCbCr", "EXIF ExposureBiasValue": "0", "EXIF MaxApertureValue": "3", "EXIF MeteringMode": "Pattern", "EXIF LightSource": "Unknown", "EXIF Flash": "Flash did not fire", "EXIF FocalLength": "8", "EXIF FlashPixVersion": "0100", "EXIF ColorSpace": "sRGB", "EXIF ExifImageWidth": "426", "EXIF ExifImageLength": "640", "EXIF FileSource": "Digital Camera", "EXIF SceneType": "Directly Photographed", "EXIF CustomRendered": "Normal", "EXIF ExposureMode": "Auto Exposure", "EXIF WhiteBalance": "Auto", "EXIF SceneCaptureType": "Standard"}