Niagara Falls' descent into blight—in spite of its proximity to an attraction that draws at least 8 million tourists each year—is a tale that Hudson's little newspaper has been telling for years. It encompasses just about every mistake a city could make, including the one Frankie G. cited: a 1960s mayor's decision to bulldoze his quaint downtown and replace it with a bunch of modernist follies.
Important lessons in how not to take advantage of the huge tourism influx. I've visited Niagara Falls twice and have never stayed in the town for more than a few hours. It is a lost opportunity when you've people in the door and fail to keep them interested in things other than the Falls. The other side on the Falls has, on the other hand, done remarkably well.
[Link to The Fall of Niagara Falls]