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The Great Depression began on October 25, 1929. Shares on the New York Stock Exchange plummet. The New Yorkers were still unconcerned, partying like there was no tomorrow in a well-known club on 5th Avenue.
In 1929, the Great Depression commenced as the New York Stock Exchange experienced a significant crash. Despite the financial turmoil, New Yorkers continued to revel in festivities at a renowned club on 5th Avenue.