A year ago, Amazon announced it had chosen New York for one of its two HQ2 cities, promising at least 25,000 jobs to be located in Long Island City. While that obviously did not go according to plan, the fundamentals that led Amazon to choose New York — the most expensive city under consideration, offering a much smaller incentive package than some other locations — remain the same. A robust and diverse economy, a uniquely international and diverse population, and strong universities continue to support the growth of our tech sector.
As the tech industry becomes increasingly intertwined with our local economy, it’s natural to ponder whether New York will soon adopt some of the stereotypical characteristics of other tech hubs that give the industry a bad rap — a homogeneous workforce, or the upheaval of communities in which new tech companies set up shop, for example.
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