New York City

Contact Joseph Tazewell
Industry Contact Regional Director Joseph Tazewell
Interior of Moynihan Train Hall

The Big Apple is a global center of the innovation economy

Interior of Moynihan Train Hall

New York City is showing its strength and resilience as New York continues to be the location of choice for businesses in nearly every industry. The city is headquarters to dozens of Fortune 500 companies and a global center for financial services, life sciences, entertainment, tech, media, fashion, the arts and industry. And New York City never stops growing, attracting innovators and entrepreneurs choosing to innovate here and to take the city—and region—into the future. 

Key Industries in New York City

Biotech and Life Sciences

Investment in biotech research and development, life science companies and talent, is building this world-class New York State industry.

Financial Services and Insurance

New York is a global tech and talent capital, home to leading commercial and investment banks, financial and insurance services and fintech.
Play NYC

Software and Digital Media

New York State’s thriving tech community and top STEM talent puts the state at the forefront of software development and digital media.
View of the Statue of Liberty at night with fireworks

Tourism

Record numbers of visitors to New York State’s diverse regions—from the Adirondacks to Montauk—create jobs and a sizable economic impact.
The Pandora New York Headquarters is a milestone for the brand as we continue our ambitious growth plans in the U.S. market.
Luciano Rodembusch, President, Pandora North America
Skyline of Lower Manhattan

New York City is home to many internationally known employers, including Netflix, Warner Media LLC, Pfizer Inc., American Express, NBC, CBS and ABC, Citigroup Inc., JPMorgan Chase, Verizon and MetLife. New York City is ranked as the world’s top financial center and is a key contributor to the state’s #2 national ranking in general venture capital investment. The New York City MSA is also ranked #1 in tech employment, with companies including Facebook and Google expanding here. 

Exterior of the Nanotronics building at the Brooklyn Navy Yard

Private and public colleges and universities in New York City – from Columbia and New York University to Fordham University,  Cornell Tech and the City University of New York – draw students from around the country and around the world, contributing to the region’s highly educated workforce and talent pipeline. New York City has 187,306 tech jobs within the five boroughs, with a gain of 74,059 tech jobs between 2011-2020.

Times Square billboards

New York City is an anchor of the state’s global tourism industry—offering visitors a unique mix of arts, entertainment, sports, culture and food. From theaters, concert halls, museums and arenas to new waterfront parks and public spaces, the city has something for everyone to experience.

Interior of Javits Center completed expansion

New York City has the infrastructure to meet business needs, with expanded and reimagined rail and airport terminals and meeting spaces. World-class transportation hubs include the light-and-art-filled Moynihan Train Hall, redeveloped concourses and terminals at LaGuardia Airport (LGA) and a planned state-of-the-art transformation at John F. Kennedy International Airport (JFK). Grand Central Madison now connects the LIRR to Grand Central Terminal. A $1.5 billion expansion of the Jacob K. Javits Convention Center is complete, ensuring its status as a destination for conventions and premier events.    

New York City By The Numbers

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#1

center for tech employment (NYC/MSA area) 

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#2

 in nation for general VC investment (NYVCA) 

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#1

world financial center (Global Financial Centres Index) 

Population 2024

Labor Force Status 2024

Age Distribution 2024

Education Attainment 2024

Data source: ZoomProspector (Applied Geographic Solutions)

Doing Business in New York City

Construction of the New NY Bridge in New York's Mid-Hudson Region.

Tax-Based Incentives

All forms of tax incentives that enable savings and cost advantages to businesses.

Operational Support

Programs offering assistance or training to ensure more competitive businesses.
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Growth Support

Funds, loans and other means of financial support to stimulate business growth.
People working and talking in co-working space in the Thomas R. Beecher, Jr. Innovation Center

Innovation Development Support

Leverage New York State’s unparalleled investment in world-class tech assets, programs and expertise to grow your business.

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

The New York City works hand-in-hand with new and existing businesses to help identify economic development programs to support business growth and expansion—for building new facilities, relocating a business, expanding operations and workforce and entering new and global markets.