Maintain New York as the global capital for innovation by supporting high-growth and high-value industries

Summary

A growing population, coupled with changes in the way we live and work, requires both the expansion of commercial space as well as the development of new models for the commercial business districts (CBDs) of the future. Today’s high-growth industries are knowledge economy industries that invest heavily in research and development (R&D) and intellectual capital, thereby benefiting from opportunities to cluster and share information. To prepare for future economic growth, the City can support the activation of space within existing clusters (such as media and finance) as well as future innovation clusters, which will be dynamic, mixed-use urban business districts that benefit from sharing knowledge and resources, across the five boroughs.

Part of Solution

  • Grow quality jobs across diverse range of sectors

  • Photos

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    Resources

    Organisations Involved