New York City

The Big Apple is a global center of the innovation economy.

Progress that never sleeps

New York City is considered by many to be the capital of the world, and it’s the location of choice for businesses in nearly every industry. The city is headquarters to dozens of Fortune 500 companies and the global center for financial services, life sciences, entertainment, media, fashion, the arts and industry. Yet New York City never stops growing and evolving. Today, the largest city in the U.S. is also the innovation leader. 

4.3M

private-sector jobs in NYC in 2016

#2

global ranking for New York City’s startup ecosystem

$751B

record-high economic output for New York City

Key facts

Here’s a look at the reasons why businesses of all kinds are thriving in the New York City region:

  • Venture capital investment in New York City has grown from $2.4 billion to $6.1 billion (2011-2015)
  • With a population of 8.5 million and a labor force of 4.19 million, the city has plenty of potential customers and a highly skilled workforce.
  • New York City added 15,000 new tech jobs between 2011 and 2013, for an all-time high of 116,000 jobs.
  • Opportunity Zones within the city’s five boroughs provide additional incentives to businesses.
  • New York City is home to many internationally known employers, including Time Warner, Pfizer Inc., American Express, NBC, CBS and ABC, Citigroup Inc., JPMorgan Chase, Verizon, and MetLife.
  • The Port of New York is the third-largest port in the nation, providing ready access for shipping and receiving products. 
  • Direct service makes travel easy to more than 400 destinations worldwide via LaGuardia Airport (LGA), John F. Kennedy International Airport (JFK), and nearby Newark Liberty International Airport (EWR). And two major rail transportation centers provide connections to cities across the nation.

Whether you’re interested in Brooklyn, Queens, the Bronx, Staten Island or Manhattan, the staff of the New York City regional office can help you identify funding options. They provide a range of economic development programs for building new facilities, relocating a business, expanding operations and workforce, and entering new markets and international arenas.

New York State has fostered yet another aviation pioneer

Since its 2000 founding in NYC as an airline offering high-quality service and low fares, JetBlue has taken off, moving into airports across the United States, Latin America...

New York State has fostered yet another aviation pioneer

Since its 2000 founding in NYC as an airline offering high-quality service and low fares, JetBlue has taken off, moving into airports across the United States, Latin America...

Etsy and the New Economy

“We want to be a company that can set an example in the world — of how business can be different,” says Etsy’s SVP of Values-Aligned Business, Heather Jassy. For a company...

Etsy and the New Economy

“We want to be a company that can set an example in the world — of how business can be different,” says Etsy’s SVP of Values-Aligned Business, Heather Jassy. For a company...

See opportunities in New York City

Visit the New York City Regional Economic Development Council site to see strategic plans, current projects and the latest economic data, plus access funding applications and more.

Regional Office


Joseph Tazewell, Director
633 Third Avenue – 36th Floor
New York, NY 10017