A TALE OF TWO CITIES

GOTHAMIST: "As the Dow Jones reached a record high today, we also learned that 50,000 people slept in New York City's homeless shelters every night in January. According to a report from Coalition for the Homeless, the number of children sleeping in homeless shelters has increased by 22%, to 21,034, in just one year. "More children and adults are homeless now in New York City than at any time since the Great Depression," the report states. Recently the Bloomberg administration has been criticized for denying homeless families continuous shelter when the temperature drops below zero. According to the report, homeless families make up 78% of people staying in the city's administrative shelters, a number that has risen by 73% since Bloomberg took office." MORE: GOTHAMIST.COM