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New Orleans East is the eastern section of New Orleans, the newest section of the city. It is bounded by the Industrial Canal, the Intracoastal Waterway and Lake Pontchartrain. Developed extensively from the 1950s onward, its numerous residential subdivisions and shopping centers offered suburban-style living within the city limits of New Orleans. Its overall character is decidedly suburban, resembling the archetypal postwar American suburb much more than the compactly-built environment found in the city's historic core. In the years prior to Hurricane Katrina, eastern New Orleans had begun to suffer from disinvestment and urban decay. The flooding subsequent to Katrina, which affected almost the entire area, accelerated this trend, particularly in the retail sector. Numerous national chains present and operating in August 2005 opted not to reopen their stores and restaurants. Approximately 85,000 residents inhabited eastern New Orleans as of 2017, representing a small decline from the area's peak population of 95,000 inhabitants recorded by the 2000 Census. About ten percent of the city's property tax revenue is collected from eastern New Orleans properties.
