why nyc? why now?
TRANSCRIPT
Why NYC? Why Now?
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,
)DFHERRN��/LQNHG,Q��%X]]IHHG�DQG�0HHWXS�DOO�KDYH�1<&�EDVHG�RIÀFHV��+LJK�WHFK�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
V\VWHP�LQ�WKH�8�6��DQG�VHFRQG�LQ�WKH�ZRUOG�LQ�SDVVHQJHU�WUDIÀF��7KH�FLW\·V�H[SDQVLYH�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
5HJLVWHU�RI�+LVWRULF�3ODFHV�DQG�LV�ORFDWHG�QH[W�WR�WKH�EXVLHVW�WUDQVLW�KXE�LQ�WKH�U.S., Penn Station.
)DUOH\�KDV�ÀEHU��7KH�DPRXQW�RI�ÀEHU�DW�)DUOH\�LV�VR�YDVW�WKDW�LW�FRXOG�SURYLGH�service to an entire medium size city.
Why NYC? Why Now?
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NYC’s Tech Ecosystem
!Medium/Large Tech Companies Start Ups and Incubators Top STEM Universities
Why NYC? Why Now?
NYC universities awarded more post-secondary
STEM degrees than Boston/Cambridge universities
combined in 2014. New York City also has one of the
highest percentages of degree holding individuals,
with the majority of those age 25 and up with some
college or a degree; and when graduates choose
where to locate they overwhelming choose New York
&LW\�RYHU�%RVWRQ��6SHFLÀFDOO\��0DQKDWWDQ�LV�ERRPLQJ�as the number of educated adults ages 18 to 44
within a 30-minute commute of Manhattan jumped
by 172,000 people, skyrocketing 32% to reach over
717,000 in 2010.
Source: The Brain Game: 2015 Update, Downtown Alliance.
Competitive Talent Pool
Post-Secondary STEM Degrees
Awarded, 2014
NY Statewide 41,621
NYC MSA 31,201
Boston MSA 15,454
Denver MSA 5,248
Net Creative Class Migration 2009-2011
New York-Northern New Jersey-Long Island
3,978
Boston-Cambridge-Quincy 3,712
'HQYHU�$XURUD�%URRPÀHOG 1,977
Percent Change in Number of College
Graduates Aged 25-34 (2000-2012)
New York City 25%
Boston 12%
Source: EMSI
Source: 2013 Annual Meeting of the Association of American Geographers
Source: Joe Cortright, City Observatory
Why NYC? Why Now?
There are numerous colleges and universities in
the NYC metro area. Many of these schools are
highly regarded for their STEM programs.
Competitive Talent Pool
Why NYC? Why Now?
The following are examples of some of the best schools with STEM programs in the
NYC metro area:
CUNY Bernard M Baruch College 55 Lexington Ave, New York, NY
CUNY Graduate School and University Center 365 5th Ave, New York, NY
Cooper Union for the Advancement of Science and Art 30 Cooper Sq, New York, NY
The NYU Tandon School of Engineering 6 MetroTech Center, Brooklyn, NY
CUNY Hunter College 695 Park Ave, New York, NY
Rockefeller University 1230 York Ave, New York, NY
Weill Cornell Medical College 4805, 1300 York Ave, New York, NY
Pace University - New York 1 Pace Plaza, New York, NY
CUNY New York City College of Technology 300 Jay St, Brooklyn, NY
Icahn School of Medicine at Mount Sinai 1428 Madison Ave, New York, NY
Columbia University in the City of New York 116th St & Broadway, New York, NY
CUNY City College 160 Convent Ave, New York, NY
Vaughn College of Aeronautics and Technology 8601 23rd Ave, East Elmhurst, NY
SUNY Downstate Medical Center 450 Clarkson Ave, Brooklyn, NY
CUNY Brooklyn College 2900 Bedford Ave, Brooklyn, NY 11210
New Jersey Institute of Technology 150 Bleeker St, Newark, NJ 07102
Rutgers University: Newark 190 University Ave, Newark, NJ 07102
CUNY Queens College 65-30 Kissena Blvd, Flushing, NY 11367
CUNY York College 94-20 Guy R Brewer Blvd, Jamaica, NY 11451
St. Johns University: New York 8000 Utopia Pkwy, Jamaica, NY 11439
Manhattan College 4513 Manhattan College Pkwy, Bronx, NY 10471
CUNY College of Staten Island 2800 Victory Blvd, Staten Island, NY 10314
William Patterson University of New Jersey 300 Pompton Rd, Wayne, NJ 07470
Adelphi University 1 South Ave, Garden City, NY 11530
Mercy College 555 Broadway, Dobbs Ferry, NY 10522
Molloy College �����+HPSVWHDG�$YH��5RFNYLOOH�&HQWUH��1<������
St. Thomas Aquinas College 125 NY-340, Sparkill, NY 10976
Long Island University Post 720 Northern Blvd, Brookville, NY 11548
Hofstra University +HPSVWHDG��1<������
New York Institute of Technology 1855 Broadway, New York, NY 10023
Webb Institute 298 Crescent Beach Rd, Glen Cove, NY 11542
Competitive Talent Pool
Why NYC? Why Now?
LanguagesWith more than 3 million foreign-born residents from more than 200 different
countries, New York is home to one of the most diverse populations in the
world. New Yorkers come from every corner of the globe and speak over 200
different languages. Nearly one-half of all New Yorkers speak a language
other than English at home.
New York City Boston Denver
Spanish 1,343,788 149,465 138,945
French 83,551 32,697 7,280
Italian 108,148 23,018 138,945
Russian 87,091 15,607 6,289
Korean 41,444 7,890 4,379
Arabic 71,329 23,391 7,148
Japanese 15,459 4,502 2,498
Chinese 489,851 95,056 12,092
Hindi 50,983 15,042 3,103
Percent of Population that Speak Languages other than English
Competitive Talent Pool
Why NYC? Why Now?
Universities in the NYC metro area
engaged in $3.3 billion dollars of academic R&D – more than any other
metro in the U.S.
Source: National Center for Education Statistics, IPEDS database, 2013
A magnet for young adults, persons age 25-34 grew by 230,000+
between 2010 and 2014.
Source: U.S. Census 2010 and 2014 American Community Survey (1 year estimates)
Since 2000, the number of creative and professional workers living within
a 30-minute commute of Manhattan
has grown by 90,000 – a gain of 18.5%.
Source: DowntownNY.com The Brain Gain 2015 Update
The majority of adults in the New York
Metro have some college or a degree.
Those with a doctorate or professional degree are over 3 times more common here than across the nation.
Source: US Census 2014 American Community Survey (1 year estimates)
3,386,687
NYC MSA
1,566,910
Boston
MSA
912,909
Denver
MSA
792,892
San Francisco
MSA
NYC Residents with at least a
Bachelor’s Degree
Source: US Census Bureau, American Community Survey, 2014.
Competitive Talent Pool
Why NYC? Why Now?
CUNY Energy Institute, headquartered at City College of
New York, produces cutting-edge research and develops
innovative sustainable energy technologies that have
practical and economical applications. The focus area of the
institute’s faculty includes: energy storage, nuclear, and oil
and gas.
NYU’s School of Engineering’s Bioengineering Program
mission is to provide excellence in education and training,
and to facilitate research leading to the discovery and
development of new rationally-engineered materials,
devices, technology, and biomolecular agents for medicine.
Columbia University’s Electrical Engineering Department
focuses on research areas that include: signal and
information processing; networking and communications;
micro devices and physical principles; systems biology and
neuroengineering; and integrated circuits and systems.
Center for Information Networking and Telecommunications
(CINT), located at City College, focuses on research and
GHYHORSPHQW�LQ�WKH�ÀHOGV�RI��QHWZRUN�VHFXULW\��PRELOH�networks; sensor and ad-hoc networks; cloud and
information networks; integrated wired/wireless networks;
and information distribution networks.
New York has proven its worth as an innovation hot spot
IRU�ÁHGJOLQJ�Start Ups. The “Big Apple” was once known
DV�WKH�ÀQDQFLDO�FDSLWDO�RI�WKH�ZRUOG��EXW�ZLWK�HPHUJLQJ�new technologies, it’s fast becoming a tech capital. In the
past 10 years New York’s high tech companies have grown
exponentially, drawing in the best and brightest talent. In fact,
high tech companies in NYC generate 541,000 jobs and $125
billion in annual economic output.
Strength in Technology Sector
Why NYC? Why Now?
Google Eighth Ave and West 15th St
IBM Madison Ave & E 57th St
IBM Watson Group Astor Place
Microsoft (Technology Center) 11 Times Square
Xerox Midtown East
Siemens Corporation Madison Ave & E 54th St
Facebook Broadway & E 8th St
MasterCard Analytics 114 Fifth Ave & 17th St
First Data Corporation Liberty Street
LinkedIn 350 Fifth Ave
Shutterstock Images 350 Fifth Ave
LexisNexis 230 Park Ave
Uber 261Eleventh Ave
Wellcome Group 261 Eleventh Ave
Thelab LLC 271 Eleventh Ave
Taboola 28-40 W 23rd St
AppNexus 40 W 23rd St
Vice 90 N 11th St
Buzzfeed 225 Park Ave S
Cash Edge 215 Park Ave S
MeetUp 632 Broadway
Double Click 450 W 33rd St
Etsy 55 Washington St #512
ZocDoc 568 Broadway #901
IAC/InterActive 555 W 18th St
Soundcloud 50 W 23rd St
Tumblr 35 E 21st St
Hulu 79 Fifth Ave
Square 375 W Broadway
L3 600 3rd Ave
MongoDB 229 W 43rd St
OnDeck Captial 1400 Broadway
Blue Apron 5 Crosby St
Buddy Media 155 6th Ave
FanDuel 19 Union Square West
Gilt Groupe 2 Park Ave
MakerBot One MetroTech Center
Seamless 1065 Avenue of Americas
Oscar 295 Lafayette St
Palantir 15 Little W 12th St
ShopKeep 143 Varick St
Sprinklr 29 W 35th St
Tremor Video 1250 Broadway
Varonis 1250 Broadway
Warby Parker 161 Avenue of the Americas
WeWork 115 W 18th St
Zeta Interactive 185 Madison Ave
There are a vast number of tech companies located in NYC. New York City now has 395 digital companies with 10+ employees. Everyday more major tech companies are opening locations in New York
City such as Google, Buzzfeed, Facebook and LinkedIn. The city maintains a list by location of tech startups
on the Digital NYC website which currently lists nearly 1,000 companies. NYC is also home to many
PHGLXP�DQG�ODUJH�WHFK�ÀUPV��DV�ZHOO�DV�WKH�WHFKQRORJ\�EDVHG�IXQFWLRQV�RI�PDMRU�FRPSDQLHV�LQFOXGLQJ��
Why NYC? Why Now?
Strength in Technology Sector
JPMorgan Chase leased 123,000 square feet at 450 West
33rd Street and will relocate its tristate digital teams to the
new location, which is two blocks from Farley.
Source: The Real Deal
Markit�OHDVHG�D�IXOO�ÁRRU���������VTXDUH�IRRW�VSDFH�DW�450 West 33rd in order to have all of its employees on
RQH�ÁRRU�WR�HQFRXUDJH�FROODERUDWLRQ�DQG�LGHD�JHQHUDWLRQ�exchange.
Source: The Real Deal
eBay opened a “technology center” at 625 6th Ave in
2012. The employees at this location are focused solely on
developing new programs to enhance user experience.
Source: The Real Deal
Time Inc. is moving its technology, content solutions and
innovations departments to a 55,000 square foot facility in
Industry City, Brooklyn.
Source: Bloomberg
0DQ\�FRPSDQLHV�DUH�VWDUWLQJ�WR�WDNH�DGYDQWDJH�RI�ROG�RIÀFH�VSDFH�E\�UHQRYDWLQJ�it to become the hub for their tech and digital teams. As millennials rely on
collaboration and the exchange of ideas to help come up with new products and
innovations companies like JPMorgan and Time Inc. are turning to New York’s many
buildings to create the needed environment.
Why NYC? Why Now?
New York City has more tech jobs than Boston/Cambridge
New York City digital employment increased by 6.3% as the city added 2,930 jobs in Q2 2015.
Boston added 950 jobs for
a 5.0% increase in digital
employment.
150,000
140,000
130,000
120,000
110,000
100,000
90,000
80,000
70,000
2003 2005 2007 2009 2011 2013 2015 2017(PROJ.)
NYC
Boston/Cambridge
2019(PROJ.)
2021(PROJ.)
2023(PROJ.)
2025(PROJ.)
125,047
109,183
Tech Jobs
Source: EMSI
Strength in Technology Sector
New York’s quarterly
employment growth
has been greater than Boston’s for 12 of the past 14 quarters.
Source: ON Search Partners’ Digital Jobs Index
Tech employment grew 57% between 2007 and 2014, faster than in Silicon Valley (36%).Source: Federal Reserve Bank of New York, Will Silicon Alley Be the Next Silicon Valley, July 6, 2015
High tech companies in NYC generate 541,000 jobs and $125 billion in annual economic output.Source: HR&A Advisors, The New York City Tech Ecosystem: Generating Economic Opportunities for All New Yorkers.
High tech companies in NYC grew four times faster than the rest of the City’s economy.Source: NYS Comptroller, New York City’s Growing High-Tech Industry, April 2014.
Why NYC? Why Now?
2007 2008 2009 2010 2011 2012 2013 2014 2015
Financial Services
Tech
50%
40%
30%
20%
10%
0%
-10%
-20%
Gro
wth
sin
ce
20
07
NYC Employment Growth Since Pre-Recession
Strength in Technology Sector
Technology is leading NYC’s post-recession job growth.
Why NYC? Why Now?
2003 2005 2007 2009 2011 2013 2015(Thru Q3)
$6B
$5B
$4B
$3B
$2B
$1B
New England
NYC Metro
$0
VC Investment
Magnet for Venture Capital and Innovation
New York is one of the top markets for
tech funding in the United States, with
local startups raising over $20B across
3,800 deals since 2009. Deal activity has
increased every year since 2009, reaching
890 deals in 2014. Funding is on track
to reach a 7-year high in 2015, with over
$3.8B in funding already this year.
Ranks higher than the Los Angeles and Chicago metro areas in its Innovation Index.New York ranked second behind California in terms of deals and total funding, and ahead of Massachusetts.Source: http://www.statsamerica.org/innovation/innovation_index/region-select.html
Combined, Internet and Mobile & Telecommunications accounted for 85% of all VC deals and 68% of dollars invested in New York in Q2 2015.Source: NYCEDC Economic Research and Analysis, Tech Trends & Insights, October 2015
Captured $5.3 billion in venture capital in 2014 across all sectors.Source: PricewaterhouseCoopers Money Tree Report
Venture capital funding grew 181% between 2010 and 2014 in the New York Metro.Source: PricewaterhouseCoopers Money Tree Report
Source: PWC Moneytree
VC Investment by Region, 2015 (through Q3)
Silicon Valley: $23.1 billion
NYC Metro: $5.5 billion
New England: $5.0 billion
LA Metro: $4.1 billion
NYC overtook New England in VC investment in 2014.
13Why NYC? Why Now?
500 Startups 386 Park Avenue
Offers a four-month program that provides mentorship, hands-on sessions with startup
H[SHUWV��DQG�D�JUHDW�RIÀFH�VSDFH�ZKHUH�FRPSDQLHV�FDQ�ZRUN�ZLWK�RWKHU�IRXQGHUV�
Betaworks Studio29 Little W 12th St
Assists internet startups in making essential products that thoughtfully combine art and
science.
CUNY Sustainable Works NYC75 Park Place
+DV�VXFFHVVIXOO\�GHYHORSHG�D�FROODERUDWLYH�SURFHVV�WKDW�HQDEOHV�WKH�VRODU�PDUNHW���CUNY Sustainable Works is working to leverage that platform to enable the market for
other cleantech innovations and processes utilizing CUNY’s institutional strengths and
partnerships.
Dreamit394 Broadway
Provides early stage entrepreneurs with resources, advisors, investors, strategic partners,
and customers looking for innovative solutions.
Entrepreneurs Roundtable Accelerator500 7th Avenue
Offers a four-month program that combines hands-on help, seed capital, a great co-
working location, and an expert leadership team.
Friends of EBay625 6th Ave
6XSSRUWV�1<&�WHFK�FRPSDQLHV�WKURXJK�IUHH�RIÀFH�VSDFH��PHQWRUVKLS��DFFHVV�WR�RXU�network of entrepreneurs, business leaders, and investors, along with the chance to work
DORQJVLGH�VRPH�RI�WKH�EULJKWHVW�PLQGV�LQ�WKH�ÀHOG�
Grand Central Tech 335 Madison Avenue
A community of startups and strategic partners that breaks from the traditional
accelerator model by providing an unparalleled value proposition.
Incubator 39 142 East 39th Street
A technology incubator, accelerator, and co-working space which strives to provide
promising startups the ability to thrive in the heart of New York City.
Ingk Labs 101 Fifth Avenue
Builds companies leveraging IP focused on commerce, customer service, natural
language & machine intelligence, analytics & tracking, reputation management, social
data aggregation and social noise reduction.
Metellus Group244 Fifth Avenue
Believes business is a force for good and invests in startups that help people.
Samsung Accelerator 30 West 26th St
Provides strategic capital, product support, and independence to seasoned entrepreneurs
so they can build market-driven software and services.
Spark Labs833 Broadway
Devoted to the success of startups, growing businesses, consultants & freelancers in the
tech and media industries. They provide quality workspace, a community of innovators,
events and networking, and maximum support from their infrastructure and partners.
Startup EcologyChelsea
A new type of accelerator/incubator/school located in Chelsea for startups that is a
cradle to exit model. Nobody gets voted out, but everybody must prove they belong.
Techstars1407 Broadway
Offers a three-month mentorship-driven accelerator program as well as access to over 1.5
million people across the Techstars ecosystem.
The Founder Institute New York
Serves to “globalize Silicon Valley” by “providing high-potential entrepreneurs with expert
training, critical objective feedback, and peer support in the early stages of building a
company.” The Founder Institute offers a four-month program that covers various topics
critical for startups, from startup legal issues to fundraising.
The Hatchery 1601 Broadway
A venture collaboration forum, building a community of entrepreneurs, emerging
companies, and investors, via its events, advisory services, and incubator.
Tipping Point Partners 86 Chambers Street
1RW�D�WUDGLWLRQDO�YHQWXUH�ÀUP�RU�LQFXEDWRU��WKH\�FUDIW�SDUWQHUVKLSV�ZLWK�HQWUHSUHQHXUV�VSHFLÀF�WR�WKHLU�QHHGV�DQG�UHVRXUFHV�ZLWK�D�VSHFLÀF�IRFXV�RQ�VRIWZDUH�
WeWork Labs, 175 Varick StMultiple locations throughout NYC where it leases 1.6 million square feet to StartUps and
other companies to help foster collaboration and innovation.WeWork, 25 Broadway
WeWork, 222 Broadway
Work-Bench 110 Fifth Avenue
An enterprise technology growth accelerator that scales enterprise technology companies
by providing community and workspace, connects exceptional builders to Fortune 500
buyers, and co-invests in extraordinary founders tackling enormous markets.
Magnet for Venture Capital and Innovation
1HZ�<RUN�&LW\�LV�D�SURYHQ�OHDGHU�LQ�WKH�+LJK�7HFK�,QGXVWU\��and couldn’t have done this without its several start up business incubators��7KHVH�LQFXEDWRUV�QRXULVK�ÁHGJOLQJ�EXVLQHVVHV�E\�SURYLGLQJ�PHQWRUVKLS��FRVW�HIÀFLHQW�RIÀFH�space, and even seed capital in many cases.
The New York City metropolitan area’s JFK International, LaGuardia, and Newark Liberty International airports combine to create the largest
airport system in the United States, second in the world
LQ�WHUPV�RI�SDVVHQJHU�WUDIÀF��DQG�ÀUVW�LQ�WKH�ZRUOG�LQ�WHUPV�RI�WRWDO�ÁLJKW�RSHUDWLRQV��,Q������-).��/*$�DQG�EWR served 53.3, 35.6 and 26.9 million respectively.
Transportation Infrastructure
Why NYC? Why Now?
Airport
Number of Non-Stop Domestic
Destinations
Number of Non-Stop
International Destinations
New York City Metro 112 127
Logan (BOS) 70 50
Denver (DEN) 152 19
Airport
Number of Non-Stop Domestic
Flights Daily
Number of Non-Stop
International Flights Daily
Number of Total Non-
Stop Flights Daily
Newark (EWR) 271 106 377
John F. Kennedy (JFK) 266 224 490
LaGuardia (LGA) 447 56 503
LaGuardia Airport Renovations
Plan will unite airport’s four
disconnected terminals
Will include retail and dining space;
a hotel; a conference and business
center and other modern features
The amenities also will include
transportation features such as an
AirTrain, ferry service and a people
mover to help passengers traverse the
entire airport
0RUH�ÁLJKW�RSHUDWLQJ�VSDFHConstruction of a new East Parking
Garage
Approximately 1,100 vehicle spaces
will be included in the new lot
JFK Airport Renovations
Creating master plan
Saarinen building is going to be
constructed into a new, state-of-the-
art hotel
World-class restaurants
500+ guestrooms
40,000 square feet of event and
meeting space
10,000 square-foot public
observation deck
7UDLQ�+DOO�)RRW�7UDIÀF1HZ�<RUN�&LW\�LV�KRPH�WR�WZR�RI�WKH�PRVW�WUDIÀFNHG�WUDLQ�VWDWLRQV�LQ�WKH�8QLWHG�States. Penn Station and Grand Central Station serve millions of commuters and
travelers every year through the train and subway services.
Transportation Infrastructure
Moynihan Station In FY 2014, just over 10 million riders took Amtrak either to
or from Penn Station. Amtrak will be shifting its operations
WR�0R\QLKDQ�6WDWLRQ�VR�WKHVH�ULGHUV�ZRXOG�ÁRZ�WKURXJK�the new station. Source: Amtrak National Fact Sheet. In
addition, Moynihan will become a destination in its own right
attracting non-commuting residents and tourists (as a point
of comparison, Union Station (DC), after its revitalization,
attracts 14.5 million local residents and 8 million tourists
each year.)
Source: RPA
Penn Station600,000 - 650,000 visitors daily, the busiest transit hub in
the US, Penn Station provides access to Long Island from the
LIRR and New Jersey with the New Jersey Transit.
6RXUFH��$PWUDN�6HQLRU�&RPPXQLFDWLRQV�2IÀFHU�TXRWHG��'HYHORSPHQW�RI�WKH�0R\QLKDQ�&RPSOH[��HVWLPDWH�from January 2015
Grand Central750,000 people pass through daily. The terminal serves
commuters traveling on the Metro-North Railroad to
Westchester, Putnam, and Dutchess counties in New
<RUN�6WDWH��DQG�)DLUÀHOG�DQG�1HZ�+DYHQ�FRXQWLHV�LQ�Connecticut.
Source: GCT
Why NYC? Why Now?
Quality of Life
Why NYC? Why Now?
Number of Restaurants/Bars
Full-service restaurants 16,251
Counter service restaurants 18,780
Bars, taverns, and nightclubs 2,657
Number of Cultural Institutions
Museums/Cultural Awareness Centers/Art 166
Performing Arts Venues 35
Broadway Theatres 40
Zoos/Gardens 14
Historic Homes 40
Other Attractions 8
Major NYC EventsNew York is the entertainment capital of the world. NYC is not only appealing to the
eye with all of its twinkling lights, but it has plenty to follow up with. Along with the
world renowned Broadway theaters, there is an abundance of famous restaurants,
parks and attractions.
Major annual events in NYC 155
Major annual events in Boston 65
Major annual events in Denver 129
Quality of Life
Times Square New Year’s Eve Ball Drop
Nothing compares
to the exhilaration of
watching the Times
Square Ball Drop.
Macy’s Fourth of July Fireworks
$ZH�LQVSLULQJ�ÀUHZRUNV�celebrate the nation’s
independence.
Macy’s Thanksgiving Day Parade (and Balloon ,QÁDWLRQ�
There’s nothing like
seeing the country’s
greatest Thanksgiving
Day procession in
person. Giant helium
balloons of Snoopy,
Kermit the Frog and
other kids’ favorites
are just the beginning;
WKHUH�DUH�DOVR�ÁRDWV��celebrity performers,
marching bands and
Broadway musical
numbers.
Rockefeller Center Tree Lighting
The lighting of the
towering tree is a
sight to behold, and
the lighting ceremony
features celebrities,
musical performances
and more.
Like no other
Frieze New York The contemporary art fair with scores
of galleries represented from around
the world.
Shakespeare in the Park
The play’s the thing all summer long,
as the Public Theater serves up great
classics at the open-air Delacorte
Theater in Central Park.
Museum Mile Festival
The City’s most celebrated museums
open their doors for free. Street
activities add to the fun including live
music, performers and art for kids.
Lincoln Center Festival
Since 1996, the highly anticipated
Lincoln Center Festival has
showcased the best in opera,
chamber music, theater, multimedia
performance, ballet, modern dance
and multidisciplinary works.
New York Fashion Week
The who’s who of the fashion
descends on the world’s fashion
capital for two weeks.
NYC Pride Week LGBT-pride celebrations around
the City include rallies, parties, a
5-mile race and marches. The week
culminates with a grand parade from
Midtown to Greenwich Village.
NYC Food & Wine Festival
The four-day festival hosts the
world's greatest chefs, winemakers,
spirits producers and personalities
to educate palates and entertain
attendees in high style.
New York Comic Con
This celebration brings together the
latest in American and Japanese pop
FXOWXUH��VKRZFDVLQJ�WKH�ÀQHVW�FRPLF��books, anime, manga, video games,
live-action Japanese cinema, fashions
and food.
Village Halloween Parade
Greenwich Village hosts the biggest
+DOORZHHQ�EDVKHV�LQ�WKH�FRXQWU\�ZLWK�anyone in costume welcome to join in.
Arts & CultureNYC is home to more world-class arts and cultural institutions than anywhere in the US.
Why NYC? Why Now?
Quality of Life
SummerStage in Central Park
Free live music of
every genre at this
annual outdoor concert
series held at Rumsey
3OD\ÀHOG�LQ�&HQWUDO�Park as well as parks
in Brooklyn, Queens,
the Bronx and Staten
Island.
CMJ Music Marathon and Film Festival
)RU�ÀYH�GD\V�DQG�nights, more than
1,300 artists and
120,000 fans take over
more than 80 of the
City’s nightclubs and
theaters for New York
City’s largest music
festival.
The Metropolitan Opera
The Metropolitan Opera
is the preeminent
opera house in the
United States, if not the
world.
New York Philharmonic Concerts in the Parks
Free concerts city-wide
courtesy of the New
York Philharmonic.
Lincoln Center Out of Doors
The free summer music
fest offers dozens of
live performances for
the whole family.
Music
Tribeca Film Festival
7KH�ODUJHVW�LQWHUQDWLRQDO�ÀOP�IHVWLYDO�in the United States with hundreds of
movies shown in venues citywide and
panel discussions.
New York International Children’s Film Festival
The play’s the thing all summer long,
as the Public Theater serves up great
classics at the open-air Delacorte
Theater in Central Park.
New York Film Festival
The Film Society of Lincoln Center
presents a collection of international
cinema, including world premieres,
H[SHULPHQWDO�ÀOPV�DQG�SDQHO�discussions.
New York Jewish Film Festival
Presented by The Jewish Museum
and the Film Society of Lincoln
Center, this global survey of
innovative and provocative movies
focuses on the Jewish experience.
Brooklyn Film Festival
7KLV�ÀOP�IHVWLYDO�VHHNV�WR�GLVFRYHU��expose and promote independent
ÀOPPDNHUV�ZKLOH�GUDZLQJ�ZRUOGZLGH�attention to Brooklyn as a center for
cinema.
New Directors/New Films
Presented by the Museum of Modern
Art and Film Society of Lincoln
Center, this noncompetitive festival
features the work of emerging
ÀOPPDNHUV�LQ�DOO�FDWHJRULHV³dramatic, documentary, animated,
experimental and more.
Fusion Film Festival
Mounted by NYU, this festival has
been promoting the works of women
LQ�ÀOP��WHOHYLVLRQ�DQG�QHZ�PHGLD�IRU�more than 10 years with a mix of
screenings, master classes, panels
and pitch meetings.
Havana Film Festival
Week-long festival featuring
documentaries, full-length features,
VKRUW�ÀOPV�DQG�DQLPDWLRQ�IURP�&XED��the Caribbean, Mexico, and Central
and South America.
Film1<&�LV�D�PHFFD�IRU�ÀOP�IHVWLYDOV�
Why NYC? Why Now?
There is not a band big or small that doesn’t tour NYC.
Quality of Life
US Open Tennis Championships
America’s foremost tennis
tournament takes place at the USTA
Billie Jean King National Tennis
Center in Queens.
TCS New York City Marathon
Both amateur and world-class
professional athletes race 26.2 miles
WKURXJK�WKH�ÀYH�ERURXJKV��
TD Five Boro Bike Tour
More than 30,000 cyclists ride across
DOO�ÀYH�ERURXJKV�RQ�VWUHHWV�IUHH�RI�WUDIÀF��HQGLQJ�ZLWK�D�FHOHEUDWRU\�festival with food, bike-related
exhibits and tour gear for sale.
SportsNYC loves sports and has the fans to prove it.
Why NYC? Why Now?
NYC is also home to 10+ major professional sports teams:
YankeesMetsGiantsJetsKnicksNetsLibertyRangersIslandersNYC Football Club
SchoolsIn and close to New York City there are many
excellent choices for public schools. 20 of
US NEWS & WORLD REPORT’s top 500
schools are in New York City. In the New
York City metropolitan area there are 46
VFKRROV�FHUWLÀHG�DV�%OXH�5LEERQ�VFKRROV�E\�the U.S. Department of Education www2.
ed.gov/programs/nclbbrs/index.html. That
compares to only 11 in the Boston area and
6 in or near Denver. 13 are right in New York
City itself. Brooklyn: PS 11, 100, 222, 247,
254, 277, 682; Queens: PS 46, 66, 205,
221, 244; Staten Island: PS 5.
Further, the premier high school program
available in the world, the International
Baccalaureate Progamme (called IB) http://
www.ibo.org/about-the-ib/ can be found
at 64 schools in the New York City metro
area, compared to 11 in the entire State of
Massachusetts and 32 in all of Colorado.
Quality of Life
Why NYC? Why Now?
$FFRUGLQJ�WR�D������VWXG\�GRQH�E\�WKH�1HZ�<RUN�&LW\�'HSDUWPHQW�RI�+RXVLQJ�Preservation and Development, there are over 75,000 available rental units in the
city. Available apartments are plentiful, and the median rent has proved average
among many up and coming cities. New York City and its surrounding boroughs
have much to offer young up and coming professionals. There is a community with
available housing for everybody.
Quality of Life
Why NYC? Why Now?
Highest Median 1-Bedroom Rent among major US citiesSan Francisco: $3,670
New York City: $3,280
Boston: $2,400
Source: Zumper
Home Price Index (High to Low)San Francisco: 216.46
Boston: 184.80
NYC: 182.21
Source: S&P/Case-Shiller 10-City Composite Home Price Index as of September 2015
Although NYC’s cost of living is high, its expansive and low-cost transit network allows residents to compensate by saving on transportation costs.
Source: U.S. Department of Housing and Urban Development, Location Affordability Portal – Volume 1 (accessed July 10, 2014). www.locationaffordability.info/lai.aspx
NYCSan FranciscoPhiladelphiaChicagoBostonMiamiSeattleWashington, DCDetroitLos AngelesDallasAtlantaHoustonColumbusAustinSan AntonioPhoenixIndianapolisSan DiegoJacksonvilleRiversideSan Jose
$0
(dollars in thousands)
$2 $4 $6 $8 $10 $12
Annual Transportation Costs for a Typical
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Housing