A story in this week's Bloomberg Businessweek explores the failure of Niagara Falls to capitalize on its potential.
"The Fall of Niagara Falls" takes a look at the "decay, corruption and failed get-rich-quick schemes" that the magazine says has made the city "one of the most intractable disasters in the U.S."
"In truth, the failure can't be attributed to any single entity," writes Bloomberg Businessweek's Andrew Rice in the lengthy piece published Thursday. "It's the product of a machine that has for decades been running on unfulfilled promises, from the public and private sector alike, just whirring on in an endless cycle of dashed hope and failed deliverance."
Read the story here.
