By the end of 1978, we had 11 partners and six franchisees, we were operating in 22 cities, and we had about 6,000 clients. We had left Electronic Accounting Systems and were doing our own processing on our own computers.

I love New York. But how much should it cost to call New York home? Decades of out-of-control budgets, spending hikes, and relentless borrowing have made New York simply too expensive.