Why NYC? Why Now?
NYC has the talent. The majority of adults in the NYC metro have attended college or received a degree. Over 717,000 of these between the ages of 18 and 44 live within a 30 minute commute of Manhattan and this number is growing by double digits.
NYC has the educational base. Over 100 universities and colleges are located in NYC. Twenty rank among the nation’s top schools. Many are highly regarded for programs in STEM. In 2014, over 31,000 post-secondary degrees in STEM were awarded in the NYC metro, over double the number in the Boston metro. And 41,000 post-secondary degrees in STEM were awarded in New York State annually.
NYC is diverse. Millions in NYC are bilingual. More than a million speak both Spanish and English very well. Altogether, over 200 languages are spoken here.
NYC is a magnet for young adults. Persons age 25-34 grew in number by 230,000 between 2010 and 2014. Those with a college education grew 25% in recent years, double the growth rate reported in Boston.
NYC is a global hub for technology. Major high-tech companies like Google, IBM, in NYC generates 541,000 jobs and has been growing at a higher rate than jobs in Silicon Valley.
NYC is a center for venture capital and innovation. Start ups have raised over $20 billion in tech funding since 2009. Combined, Internet and Mobile & Telecommunications account for 85% of venture capital deals and 68% of dollars invested. Venture capital funding in NYC metro is on track to reach a seven-year high and exceeds investments in New England.
NYC is accessible. NYC’s three airports combine to create the largest air transit transit network is also one of the most affordable ones in the U.S.
NYC has the best quality of life in the world. With over 30,000 restaurants and bars, nearly 3,000 cultural institutions and ten major league sporting teams, NYC is considered the cultural capital of the United States with everything to offer visitors and residents alike.
NYC has The Farley Building. Why Farley? Farley has history. The iconic Farley Building in NYC is listed on the National U.S., Penn Station.