Re-locating to Manhattan essays
Why relocate to Manhattan, New York?
Downtown New York is the birthplace of New York City and of our Nation.Among being one of the most historic and intriguing neighborhoods in the United States, it is also the heart of the nation's financial industry and the home of Wall Street.Along 55 Broad Street lies the Technology Business Exchange (t/bex) formerly known as the Information Technology District (itd) – a community of more than 400 high-tech companies anchored by the New York Information Technology Center.
Already home to 25,000 people, Downtown Manhattan combines Old World, small town amenities with up-to-date technology and newly renovated apartments with spectacular views.Census show, that the top three reasons residents still live in Manhattan are the quality of apartments, convenient commute and overall appeal of the area.During the period of 1990-2000 the population of the entire borough of Manhattan grew by 3.3%.Between this period, there was a net increase of only 1.6% in total housing units' area wide.
The primary mode of transportation to work for lower Manhattan residents is the Subway with 54% of residents commuting in that matter.The second most used mode is walking which is done by 35% of its residents. The 2002 Census reports that for all employed people living in Manhattan 23% walked to work, which shows that lower Manhattan has a strong mix of residents who live in the area because they work downtown or vice versa.
While the market for talent may not be as fiercely competitive, there is still a strong demand for trained technology staff as well as non-technology staff, especially in sales. Primary areas of business range from software development to web security to high-tech strategic consulting. T/bex firms employ an estimated 39,500 full time equivalents, generate approximately $4.5 billion in annual revenues, and occupy a projected 9.2 million square feet o