Tourism mostly produces low-paying jobs. And most locally owned hotels are long gone.

What percentage of New Yorkers are actually employed by foreign companies?

What sort of 'natural limits' of real estate apply in a situation where the city seems to okay every condo tower anyone wants to put up anywhere, a striking number of which are now advertising as rentals, even as more go up?

New York may have good connectivity, but its rents are incomparably higher than other parts of the country where that is true, i.e. Omaha. Hard to imagine any business choosing NYC based on this factor. And don't be surprised if the various East Asians and Middle Eastern concerns buying Wall Street discover that they can get nearly everything they want by relocating to Jersey.

New York had a good run (at least for those making household incomes $100,000+, always a minority of the city) based on the US financial bubbles of the last twenty years. But those are precisely what is ending.

In short, I think we're going to be more fucked than you anticipate.