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The Fall of Niagara Falls

The Fall of Niagara Falls

Posted inEditor's Pick

The Fall of Niagara Falls

Andrew Rice | Bloomberg Businessweek | December 3, 2010 | 4,181 words

Decades of decay, corruption, and failed get-rich-quick schemes have made the city one of the most intractable disasters in the U.S. “Among the many proposals for a replacement revenue generator, put forward by various fly-by-night impresarios or Niagara Falls Redevelopment itself, are a dinosaur park, a boxing Hall of Fame, a Chinese-themed attraction called Dragon City, and an underground aquarium featuring 5,000 creatures of the deep. ‘I have a file full of the craziest ideas,’ Bergamo said, ‘but no one comes here with any money.’”