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NYC’s Resiliency

It’s no secret that the COVID-19 pandemic has scrambled our ideas of what’s “normal.” The ways we live, work, and go to school are so different from what they were just a year ago.

But here’s the thing about NYC—we’re tough, we’re resilient, and when something knocks us down, we get back up again. We know this because we’ve been through it before. From the financial crisis of the 1970s to the terror attacks of 9/11 to the destruction of Hurricane Sandy in 2012, NYC has been through crises that looked like they might have spelled the end for the city. And every time, we’ve emerged bigger, stronger, and better.

And COVID-19 is no exception. We’re leading the national response to the virus, flattening the curve, and getting the greatest city in the world back on its feet.

Even in a crisis, NYC is resilient and innovative. It’s what makes this city thrive.

Now, there’s a chance to build a more equitable and sustainable city, with opportunities for New Yorkers and for the millions of people around the world who come here to live, work, and do business.

We're already fast at work. Now, you have the opportunity to help us write the next chapter of this city’s history.

New York is the city where the future comes to rehearse, where the best come to get better.
Ed Koch
Mayor, NYC, 1978–1989

The NYC Difference

There are cities—and then there’s New York City. What makes us different? It’s the diversity. The dynamism. The ambition. The connectivity. The entrepreneurial spirit. The ecosystem of innovation. The booming tech industry. The center of culture. The center of commerce. The center of everything.

By the Numbers

2.5M

The population of the borough Brooklyn alone—roughly the size of Chicago

We’re the largest city in the country, with the nation’s biggest consumer base. With a gross municipal product (GMP) of $1.66 trillion, our economy produces more value than the entire gross state product of Texas. If NYC was a country, it’s economy would be the tenth-largest in the world, beating out the entire economies of countries like Canada and Russia.

By the Numbers

1.66T

NYC’s gross municipal product, larger than the entire state of Texas

A Diversified Economy

When people think about New York, a lot comes to mind. Wall Street. Media. Skyscrapers. Real estate. And it’s true that New York is the finance and media capital of the world.

But it’s so much more than that.

NYC is the furthest thing imaginable from a one-industry town. We’re a thriving, interconnected ecosystem, with all the ingredients for business success across every sector.

We have cutting-edge advanced manufacturing in Brooklyn. State-of-the-art applied sciences research on Roosevelt Island through Cornell Tech. Food production and distribution in the Bronx. A last-mile logistics hub on Staten Island. The world’s second-largest tech ecosystem, with Facebook investing in its future in NYC and leasing 2.2M square feet of space in Midtown Manhattan in 2020.

And a burgeoning life sciences sector in Manhattan, with City support through the LifeSci NYC initiative and the Alexandria Center for Life Science, offering 1.1M square feet of office and lab space.

This is an extraordinarily diversified economy, with the talent, space, and access capital for businesses in any sector to thrive.

The Talent

People come from all over the world to make it happen in NYC—immigrants make up 47% of our workforce. And with the nation’s largest labor force at nearly 9.5 million, we have one of the world’s most diverse and skilled labor pools. No job is too big or complex for New York—or for New Yorkers.

By the Numbers

1M

The number of college students in NYC, making it America’s biggest college town

Of the 8.5 million people who call New York City home, roughly 2.3 million have a bachelor’s degree or above—more than Los Angeles, San Francisco, Washington D.C., Philadelphia, and Boston combined. The depth and breadth of the talent in NYC enables companies can find the people they need faster than they can in other cities.

Live and Work

NYC is a city of communities, with a wide variety of commercial and residential housing stock at different price points across the five boroughs. Whether you want to start a business, expand an existing business, or plant roots, NYC is for everyone.

The city has no shortage of safe, outdoor activities for individuals and families, with over 28,000 acres of parks, gardens, and public green spaces.

By the Numbers

27%

Public green space in NYC, the largest percentage in the nation

As a diverse city with more than 37 percent of our population born abroad, we are committed to values of inclusivity and equity. In 2014, we launched our universal pre-kindergarten program, representing the largest expansion of pre-K services in the nation’s history.

Our economic development goes beyond dollars and cents—it’s based on our vision of an inclusive and just society, one that guarantees good pay and dignity for all workers, equal pay for equal work, racial justice, and action on climate change.

Lower Manhattan Coastal Resiliency - The City’s plan to adapt Lower Manhattan to climate change, for this generation and the next.
 

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Lower Manhattan, Photo by Eloi Omella/Getty Images

More than anything, NYC is the place for companies and individuals who care about more than just the bottom line. We’re investing in neighborhoods to address community needs, building a more sustainable city, helping people succeed in 21st century industries, or advancing broad-based and equitable economic growth. NYC is all in on creating an ecosystem that provides opportunity for everyone—and we want you to be part of it.

Make it in NYC - Helping you foster the connections to the vast and diverse NYC business ecosystem.

Make It in NYC

Make your future in NYC and write the next chapter of this city’s history.

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WHY NYC