There’s been a battle going on for the attention of talented tech startups, and New York’s the peppy underdog.
According to a recent article on Mashable.com, over the past 4 years there has been a 40% increase in startup financing in “Silicon Alley.” This financing boom is also translating into increased job growth and rental growth (17% this year), suggests The Epoch Times.
So, what does this mean for NYC? Well for starters there’s probably going to be an up-tic in sales of Starbucks and Apple products. Following that, an increase in job opportunities—which we’re pretty excited about!
Interestingly, one of the several reasons why tech companies are sprouting up specifically in NYC is access to mass transit.
Potential economic growth anywhere is downright awesome, and it certainly doesn’t hurt that it’s our local economy. To see how serious local government is about capitalizing on such growth, check out the “Made In NY” digital map Mayor Bloomberg unveiled this past May as a tool for job seekers.
With all these tech startups popping up, luckily, we’ve got some unique solutions for their office needs so they can concentrate on bringing more of that 21st Century flavor to the Big Apple. Our Varick Street and Midtown locations are smack-dab in the heart of the growth.