Focus industries
New York City is a major center for banking and finance, retailing, world trade, transportation, tourism, real estate, new media, traditional media, advertising, legal services, accountancy, insurance, fashion and arts in the United States.
NYC is home to more headquarters of fashion designers and retailers than any other city in the US
Fashion
New York City is the center of fashion, and offers unmatched assets such as world-class creative talent, retail space, best-in-class production companies and fashion and design schools. NYC is also home to more headquarters of fashion designers and fashion retailers than any other city in the US.
Financial services
New York City is the world’s most sophisticated and diverse financial center. Operating in New York City offers unparalleled benefits such as:
A large talent base of more than 330,000 financial service workers
Robust and consistent regulatory and legal environments
A city government responsive to business needs
One of the most open markets to foreign companies globally
A favorable corporate culture
Food and retail
New York City is home to a thriving food manufacturing, distribution and retail industry.
With a huge market base, the world’s largest food distribution center, a growing network of food incubators and programs for training, funding, and space, this sector is a vital part of New York City’s economy.
Industry
Representing over 15% of all private sector employment, the industrial sector remains a cornerstone of the New York City economy and continues to be a vital source of well-paying jobs.
The New York metropolitan area has the largest bioscience workforce in the country
Life sciences
New York City is well positioned for success in the Life Science industry, providing world-renowned research, talent, and resources that no other city can offer.
- Scientific Talent: The New York metropolitan area has the largest bioscience workforce in the country, according to a Battelle study
- Research: $1.4 billion in NIH awards—New York City is ranked #2 in the nation
- City of Science: The city has the world’s largest concentration of academic institutions with nine major academic medical centers including Columbia University, Weill Cornell Medical College, NYU, Albert Einstein College of Medicine, and The Rockefeller University.
- Existing Life Science Cluster: Over 120 life science companies
