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Paul Morrissey If, in 2024, Alphabet City resembles nothing so much as a retirement community for twenty-somethings, flashback forty years when all was going well for the thriving drug trade on New Yorks Lower East Sidepolice, suppliers, and dealers had an arrangement that satisfied all, minimizing competition and maximizing profits

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The intervention initially triggered a massive windfall, with inflation-adjusted tax collections peaking at $950.9 million in 2010