[BPt111]

Originally Posted by GoHuskies

New York state | New York City. The state outside of NYC has lost taxpayers and has a bleak outlook while the city continues to add new employers and residents.

if NYC wasn't doing fine Stamford would be like Waterbury, Hartford and Bridgeport part 2

[htfdcolt]

Originally Posted by BPt111

if NYC wasn't doing fine Stamford would be like Waterbury, Hartford and Bridgeport part 2

I agree. Maybe they're talking about the city's balance sheet, but economy-wise no question NYC is booming.

[Stylo]

Originally Posted by beerisgood02

NYC is in worse shape than CT.

Say what?

[TX.XTTX]

Originally Posted by beerisgood02

NYC is in worse shape than CT.

How ridiculous. Moody's gives NYC's economy the the highest A++ grade.

https://www.moodys.com/research/Mood...wth--PR_361053

Downstate New York and Upstate New York might as well be different paces. Upstate New York's economy is gone, since we're not a manufacturing country anymore, while New York City + Downstate is growing, has the most fortune 500 companies, is still adding more, has most billionaires, most millionaires, the most expensive real estate in this country. NY should really be two different states. The only city that can rival NYC is London, and even then, NYC crushes London in GDP, GDP per capita, and other financial metrics.

[BobNJ1960]

Originally Posted by Mr_250

Aetna announced they are leaving CT for NYC which everyone figured. The CEO also made comments that they will keep employees here IF CT can improve its economy. It sounds like a warning shot over the bow. This is the second CEO that has said the same thing in a week.

The legislation better get to work because not having a budget really doesn't look good.

It was an alarming statement, and best case scenario, I would expect they would move a sizeable chunk of the 5,800 around the nation. I think they would have to be shocked by Ct taking far stronger, long-term budget strengthening measures (major, sustained cost cuts, with NO tax increases) to retain all jobs here, long-term. It was a very harsh, well deserved scolding (the comments by AETNA).

[BPt111]

Originally Posted by TX.XTTX

How ridiculous. Moody's gives NYC's economy the the highest A++ grade.

https://www.moodys.com/research/Mood...wth--PR_361053

Downstate New York and Upstate New York might as well be different paces. Upstate New York's economy is gone, since we're not a manufacturing country anymore, while New York City + Downstate is growing, has the most fortune 500 companies, is still adding more, has most billionaires, most millionaires, the most expensive real estate in this country. NY should really be two different states. The only city that can rival NYC is London, and even then, NYC crushes London in GDP, GDP per capita, and other financial metrics.

Rochester and Buffalo are coming back slowly, Central New York is done rest not sure

[BPt111]

Originally Posted by GoHuskies

New York state | New York City. The state outside of NYC has lost taxpayers and has a bleak outlook while the city continues to add new employers and residents.

The economy is booming new construction in Brooklyn and Queens is instance even Harlem, Bronx is picking up little. New startups in Brooklyn every month it very hot in Brooklyn right now. The economy is stable it spread over over west river to Jersey City waterfront, Hoboken, Downtown Newark, up North to White Plains creep into Stamford. Downstate New York is doing fine, rest of New York State maybe few areas is stable and rest is struggling make come back.

[KerrTown]

Originally Posted by htfdcolt

I agree. Maybe they're talking about the city's balance sheet, but economy-wise no question NYC is booming.

NYC might be a springboard for Aetna to eventually move to the West Coast. Their brand imaging within the few weeks feels more Tech than Big Insurance. Millennials would rather live in California; much warmer and cheaper (both Millennial values, the latter from being battered during the Great Recession) than the East Coast and Tech is already there. Whether L.A. or S.F., can't go wrong with those choices!

[MrGompers]

Originally Posted by KerrTown

NYC might be a springboard for Aetna to eventually move to the West Coast. Their brand imaging within the few weeks feels more Tech than Big Insurance. Millennials would rather live in California; much warmer and cheaper (both Millennial values, the latter from being battered during the Great Recession) than the East Coast and Tech is already there. Whether L.A. or S.F., can't go wrong with those choices!

San Francisco isn't cheaper than NYC. At best it may be on par with NYC.

LA is cheaper than NYC, but LA doesn't have any real business other than Hollywood/Entertainment.

[kidyankee764]

Originally Posted by MrGompers

San Francisco isn't cheaper than NYC. At best it may be on par with NYC.

LA is cheaper than NYC, but LA doesn't have any real business other than Hollywood/Entertainment.

SF is not cheaper than NYC five borough's average, but it's an absolute bargain compared to Manhattan.