New York on Film: ‘Drop Dead City’

New York on Film: ‘Drop Dead City’

March 11, 2026

What happens when a city runs out of money?

In 1975, New York City faced a fiscal crisis so severe it threatened to shut down public services, rattle financial markets and permanently alter the city’s future. The documentary film “Drop Dead City” takes audiences inside this pivotal moment, tracing the political brinkmanship, labor battles, media narratives and behind-the-scenes dealmaking that pulled New York back from the edge.

Through vivid archival footage and firsthand perspectives, the film captures the urgency and high drama of a city fighting for survival while raising questions about power, governance and who ultimately bears the cost of saving a city.

On March 26, join LM Live at Alamo Drafthouse Lower Manhattan (28 Liberty St.) for a special New York on Film screening of “Drop Dead City” followed by a conversation with directors Michael Rohatyn and Peter Yost and Atlantic staff writer Michael Powell. Rohatyn, Yost and Powell will discuss the making of the film and the legacy of the crisis, exploring the personal stakes behind the policy decisions and the myth versus the reality of New York’s “comeback.” 

Tickets are $5 and include a drink and popcorn. Proceeds will be donated to a charitable organization of our speakers’ choice. The screening runs from 6 p.m. to 9 p.m.; snag your spot here

photo: courtesy Peter Yost