nahtanbob
Elite Member
Ask google:
“finance, healthcare, professional services, retail trade, and manufacturing. NYC is a major hub for professional, scientific, and technical services, including legal, accounting, engineering, scientific research, and management consulting.“
Btw, being a place where innovation and fostering talent is what the city is aiming for, similar to California. This is why tech, especially in fields mentioned above, is important for New York’s growth, and why a vibrant city is valuable. Attract talent and hold on to them.
Btw, many “young” (under 40) people call Manhattan (the city part of New York City); “Work Island”. The jobs are there, and with many staying single and not having kids, living in the other boroughs or possibly just over the river in New Jersey, in a small apartment is the right fit. These neighborhoods are where the money is spreading out to all parts of the city, and hence why middle class live all over the city, while many wealthy follow, to live in vibrant neighborhoods these middle class young people have built up to the living standard the wealthy want.
New York’s future is not in being a race the bottom for the cheapest housing as in the 70s, but a rise as a premium location, with enough space for the middle class and working class people that service the wealthy and the innovators and tourists. A vibrant city allows the city to be diversified and resilient in an economic downturn, because top talent is available to work in new businesses at affordable labor costs.
The question is simple "What does New York do ?" FYI I have posed the same questions in another forum to the enlightened souls who inhabit San Francisco.
Finance, media are the only things in New York City



