An undated photo of visitors on the United States side...

An undated photo of visitors on the United States side of Niagara Falls in New York watching a light show. Credit: MCT Photo

NIAGARA FALLS -- There is no shortage of legends surrounding the cat that went over Niagara Falls in a barrel.

Some say it survived, proving the barrel was sturdy enough to carry humans down the falls. Some say it died. Some say it rode shotgun with Annie Edson Taylor when she became the first person to survive a barrel roll over the falls in 1901.

Mark DiFrancesco of Niagara Falls' Daredevil Museum offers another twist on the tale.

"Legend has it the cat was black going over the falls but came out of the barrel white" from fright, he said, straight-faced, as visitors eyed the museum's yellowed newspaper clippings, old photographs, bashed-up barrels, tattered life vests and a dented jet ski.

That the legend of the cat lives on 110 years later says something about Niagara Falls' passion for its daredevil past, which seemed as dead as its economy until state lawmakers latched onto the idea of using that death-defying spirit to try to boost the city's finances.

High-wire artist Nik Wallenda approached officials recently with a plan to cross the cataract on a wire the width of a nickel. The performance would be featured in "Life on a Wire," a Discovery Channel show expected to begin airing later this year.

To clear the way for the spectacle, legislators last month approved a one-time exemption from a 50-year-old ban on daredevil acts at the falls.

Gov. Andrew M. Cuomo has not indicated whether he will sign the bill, which has won support from local tourism officials and most city leaders. Backers say that even though the city wouldn't profit directly, visitors who come to watch Wallenda would spend money in its restaurants and other businesses, and the television show could trigger a long-term surge in tourism.

But not everyone is sold on a made-for-reality-TV event as the solution to the city's economic problems, especially one that could end in tragedy.

"Are we that desperate?" local historian Paul Gromosiak asked the Niagara Falls City Council this month.

Some think so. Council members voted 4-1 to endorse the wire walk.

Once synonymous with romantic honeymoons, a burgeoning industry (Nabisco made Shredded Wheat here) and Hollywood glamour (Marilyn Monroe played a murderous wife in the 1953 hit "Niagara"), the Rust Belt city has struggled for decades.

A few blocks from the shady parkland surrounding the falls, dilapidated neighborhoods speak to the city's decline. Crumbling brick and boarded-up windows mar streets lined with once-gracious homes. Derelict storefronts haunt Main Street. Low-slung motels and vacant lots stand in sharp contrast to the high-rises, colorful cafes and manicured gardens across the Rainbow Bridge in Niagara Falls' Canadian sister city.

There, officials spent decades building a bustling tourist industry while their New York counterparts banked on factories and plants -- now gone -- to pay the bills.

Since 1960, the city's population has fallen by more than half, to 50,000. Though tourism officials say more than 8-million people visit each year, they don't necessarily stay the night.

The city's hotel occupancy rate this year is 51.7 percent, its best in years but still lagging behind the national average of 59 percent, according to Smith Travel Research. Hotel revenue last year was about $76 million, compared with $420 million for hotels on the Canadian side.

A standoff between officials has stalled progress, eroded community patience and escalated the price tag for taxpayers. Newsday investigative editor Paul LaRocco and NewsdayTV's Virginia Huie report. Credit: Newsday/Steve Pfost,Kendall Rodriguez, Alejandra Villa Loarca, Howard Schnapp, Newsday file; Anthony Florio. Photo credit: Newsday Photo: John Conrad Williams Jr., Newsday Graphic: Andrew Wong

'A spark for them to escalate the fighting' A standoff between officials has stalled progress, eroded community patience and escalated the price tag for taxpayers. Newsday investigative editor Paul LaRocco and NewsdayTV's Virginia Huie report.

A standoff between officials has stalled progress, eroded community patience and escalated the price tag for taxpayers. Newsday investigative editor Paul LaRocco and NewsdayTV's Virginia Huie report. Credit: Newsday/Steve Pfost,Kendall Rodriguez, Alejandra Villa Loarca, Howard Schnapp, Newsday file; Anthony Florio. Photo credit: Newsday Photo: John Conrad Williams Jr., Newsday Graphic: Andrew Wong

'A spark for them to escalate the fighting' A standoff between officials has stalled progress, eroded community patience and escalated the price tag for taxpayers. Newsday investigative editor Paul LaRocco and NewsdayTV's Virginia Huie report.

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