New York City is hemorrhaging jobs in the financial sector and JP Morgan Chase may soon have more employees in Texas than New York, said Glenn Coleman at the Crain’s Future of New York Conference this Thursday. He wanted to know what Alicia Glen, the city’s Deputy Mayor of Housing […]
Unmedicated, Oleg Maryasis talks a mile a minute, tapping his foot incessantly and frequently lapsing into a nervous stutter. After he takes a long drag of weed, his speech becomes more steady and the tapping stops. “Cannabis, besides medicine, is a spiritual plant,” said Maryasis, who has replaced all of […]
Last week San Francisco created a legal framework for short-term rental companies, marking an important victory for their homegrown sharing startup, Airbnb. The new legislation will permit Airbnb hosts to rent out rooms in their homes so long as the they live there at least nine months out of […]
For the tech world, Cornell NYC Tech’s launch on Roosevelt Island in 2017 will mean an influx of tech experts, with approximately 280 faculty members and 2,750 graduate students. But many Roosevelt Island natives hope the tech campus will bring something else to the island: new business. The Island may […]
In a tiny office space at a WeWork building in the financial district, David Yoo and Dino Ha look just like the hundreds of other startups operating in the popular coworking space. But unlike the startups at WeWork, both Yoo and Ha work for South Korea-based startups and are in […]
In New York City 18 percent of startups are founded by women, while in Silicon Valley the number is a mere 10 percent. Attributed to the city’s diverse array of industries and a cohort of female professional willing to both invest and mentor, the city has become a preferable location for female-led startups.
A small number of startups have put Queens on the map as a potential place for the city’s expanding tech industry. Local advocates and business leaders believe the borough’s immigrant population—combined with affordable real estate and the promise of better amenities—could attract more companies to join its nascent tech scene and generate more jobs.
The Brooklyn Tech Triangle, an urban planning project designed to bring more than a million square feet of office space and at least 20,000 tech jobs to the area by 2015, is a wildly ambitious attempt to steer public resources and private interest in a new direction. But the scope of the project, and the sheer number of initiatives involved, makes the complete realization of the Brooklyn Tech Triangle unlikely, at least anytime soon.