in a corner of Read's. The city is also home to the first Subway Restaurant, opened in 1965, at 5 corners on North Main Street and Jewett, Tesiny and Beechmont Avenues. Deindustrialization Like other urban centers in Connecticut, Bridgeport fared less well during the deindustrialization of the United States in the 1970s and 1980s. Suburban flight as well as overall mismanagement, for which several city officials were convicted, contributed to the decline. From the mid-1960s through the early 1990s, Bridgeport was one of the most dangerous cities in Connecticut. As with many urban New England cities, such as New Haven and Hartford, the city had a high crime and murder rate. In following years, Bridgeport soon became ravaged by urban blight. A large white flight occurred in the city, as it started to become a much more dangerous place to work and live. Soon, the population of the city declined as many companies began laying off their employees, thus dropping city employment rate. The total population dropped from 158,709 in 1950 to 141,686 in 1990. The city also operated many public housing projects, some of which still stand today and some of which were known nationwide due to their high crime and deplorable conditions. Such projects were Beardsley Terrace/Trumbull Gardens Apartments in the city's North End, P.T. Barnum Apartments on the West Side, Pequonnock Apartments and Marina Village in the South End, the Green Apartments in the Hollow, and the most infamous: Father Panik Village. Father Panik opened in 1939 as the first of its kind in New England, and the sixth largest public housing project in the county, located in the Lower East Side. It would later be known as one of the worst housing projects in the United States. In 1982, Bridgeport Housing Authority's projects were deemed deplorable by federal officials and eventually placed the Housing Authority on the country's "troubled list". However, by 1988, the infamous Father Panik Village was torn down. Today, only a vacant lot several blocks in size, remains. The city also experienced problems with arson during this time, leading to whole neighborhoods burning down, at the same time as cuts and company closures occurred to the Bridgeport Fire Department. In 1974, General Electric moved their headquarters from the city's East Side to neighboring Fairfield, Connecticut. Other manufacturing companies that had been the symbol of the city also began to relocate out of Bridgeport.