Taking stock of a decade that transformed the city.

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  • Source:
    Crain's New York Business. 12/16/2019, Vol. 35 Issue 50, p8-8. 1p.
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    • Abstract:
      Through it all, the New York business sector found a way to roll with the punches while embracing "disruption" as the rallying cry for every hot new startup. Silicon Alley, which had represented a sliver of the city's economic output since first cropping up in the Flatiron District in the late 1990s, was quickly overrun as Facebook, Amazon, Apple, Netflix, Google and practically every other major tech firm began to rapidly expand here. Meanwhile, sweeping rent regulations promise to undermine the real estate sector, long a pillar of New York's financial stability. [Extracted from the article]
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