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Move over, Silicon Valley: These neighborhoods are the epicenter of NYC’s tech boom

Move over, Silicon Valley: These neighborhoods are the epicenter of NYC’s tech boom

NY Post
Friday, June 14, 2024 1:39 PM GMT

As New York sees a record number of tech employees flood into the city, neighborhoods downtown and in Brooklyn are gaining an influx of top talent.

Last year, the greater NYC area attracted 14.3% of all tech-sector employees who relocated in the US — more than any other city, according to an analysis of LinkedIn data by venture firm SignalFire.

“Tech is about human talent,” Kevin Ryan — who has been called the “godfather of NYC tech” for co-founding MongoDB, Gilt Group and Zola — told The Post. “New York City is just a better city… the talent wants to be here.”

“There’s more technical talent in New York than there’s ever been,” said David Ulevitch, a partner at Andreessen Horowitz. “New York is easily the most desirable city to live in for the most ambitious people.”

In fact, New York City has 3.2 million college-educated workers — that’s more than Los Angeles, San Francisco, DC, Boston and Philadelphia combined, according to data from the office of the New York comptroller.

Kathy Wilde, who runs the Partnership for New York, said she sees growth in almost every neighborhood, adding, “Our economy since the pandemic has dramatically diversified and is much stronger.”

Read full story on NY Post
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